Gresham's law Gresham's law In economics, Gresham's law is a monetary principle stating that "bad money drives out good". For example, if there are two forms of commodity money in circulation, which are accepted by law as having similar face value, the more valuable commodity will gradually disappear from circulation. The law was named in 1860 by Henry Dunning Macleod, after Sir Thomas Gresham (1519–1579), who was an English financier during the Tudor dynasty. However, there are numerous predecessors. The law had been stated earlier by Nicolaus Copernicus; for this reason, it is occasionally known as the Gresham–Copernicus law. It was also
The Good, the Bad & the Queen that the band itself is unnamed, and that "The Good, The Bad & The Queen" is simply the name of the album only. However, all future releases by the band are clearly credited as "The Good, The Bad & The Queen". It should also be noted the band's first single release ("Herculean") was issued months before the album ever came out – at which time, publicity materials identified the band as The Good, The Bad & The Queen and no one claimed that the band was unnamed. "The Good, the Bad & the Queen" is used exclusively as the name