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 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.