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
Good to Be Bad concerts were followed by concerts in South America, Europe, Japan and North America. The tour went to forty countries. It ended on 14 June 2009 at Download Festival in Donington Park, UK. Seven songs from the new album were performed. Former Whitesnake band member Adrian Vandenberg guested on two concerts. In November 2008, "Good to Be Bad" won the Classic Rock Award for "Album of the Year". The Dinosaur Rock Guitar forum honored the album with a 2008 Dino Award for "Best Album of the Year". Good to Be Bad Good to Be Bad is the tenth studio album by