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 Girl Gone Bad beats bury her personality, and the summery reggae of her first two albums is sorely missed." Robert Christgau of MSN Music cited "Umbrella" as a "choice cut", indicating "a good song on an album that isn't worth your time or money". At the 2008 Grammy Awards ceremony, "Good Girl Gone Bad" received seven Grammy Awards nominations, including Record of the Year and Song of the Year for "Umbrella", Best Dance Recording for "Don't Stop the Music", Best R&B Performance by a Duo or Group with Vocals and Best R&B Song for "Hate That I Love You". It won the accolade