Gresham's law the building of the Temple from the Bible and the Mishna in tractate Bava Metzia () from the Talmud. Ibn Taimiyyah (1263–1328) described the phenomenon as follows: In an influential theoretical article, Rolnick and Weber (1986) argued that bad money would drive good money to a premium, rather than driving it out of circulation. However, their research did not take into account the context in which Gresham had made his observation. Rolnick and Weber ignored the influence of legal tender legislation, which requires people to accept both good and bad money as if they were of equal value. They also
Alexander and the Terrible, Horrible, No Good, Very Bad Day and the cat says he wants to sleep with Anthony (but not Alexander). In the end, Alexander says it has been a terrible, horrible, no good very bad day for him. His mother says to him that some days are like that, even in Australia. A running gag throughout the book is Alexander repeating several times that he wants to move to Australia because he thinks it is better there. It ends with his mother's assurance that everybody has bad days, even those who live there. In the Australian and New Zealand versions, he wants to move to Timbuktu instead.