Gresham's law Crown in the city of Antwerp, to explain to Queen Elizabeth I what was happening to the English shilling. Her father, Henry VIII, had replaced 40 percent of the silver in the coin with base metals, to increase the government's income without raising taxes. Astute English merchants and even ordinary subjects would save the good shillings from pure silver and circulate the bad ones; hence, the bad money would be used whenever possible, and the good coinage would be saved and disappear from circulation. Gresham was not the first to state the law which took his name. The phenomenon had
Bad for Good Steinman recorded the album, retitled "Bad for Good", as a solo project, although Rory Dodd contributed lead vocals on some songs. Many musicians and backing vocalists from "Bat Out of Hell" performed on "Bad for Good", including Roy Bittan and Max Weinberg from Bruce Springsteen's E Street Band. Like "Bat Out of Hell", Richard Corben illustrated the cover. Describing the cover, "Sounds" magazine says "the flesh, the puppy-fat on the mid-calf, the breasts, the upturned American nose ... Corben's evocation of teenage femininity is so right! The cover, though, is the product of an alternative universe, like everything else about