Medium of exchange was observed as early as Oresme, Copernicus and then in 1558 by Sir Thomas Gresham, that bad money drives out good in any marketplace (Gresham's Law states "Where legal tender laws exist, bad money drives out good money"). A more precise definition is this: "A currency that is artificially overvalued by law will drive out of circulation a currency that is artificially undervalued by that law." Gresham's law is therefore a specific application of the general law of price controls. A common explanation is that people will always keep the less adultered, less clipped, sweated, less filed, less trimmed coin,
The Good Bad Man re-release is preserved at the Library of Congress. On May 31, 2014, a restored print of the 1923 version was shown at the San Francisco Silent Film Festival at the Castro Theatre. This print has an original title at the beginning: "Supervised by D. W. Griffith". Fairbanks biographer Jeffrey Vance finds "The Good Bad Man" fascinating for what it reveals about Fairbanks the man. Vance writes: The Good Bad Man The Good Bad Man is a 1916 American silent Western film directed by Allan Dwan. The film stars Douglas Fairbanks (who also produced and wrote the film) and Bessie Love.