Gresham's law the creditor must accept such money at face value. Nobel Prize winner Robert Mundell believes that Gresham's Law could be more accurately rendered, taking care of the reverse, if it were expressed as "Bad money drives out good "if they exchange for the same price"." The reverse of Gresham's Law, that good money drives out bad money whenever the bad money becomes nearly worthless, has been named "Thiers' law" by economist Peter Bernholz in honor of French politician and historian Adolphe Thiers. "Thiers' Law will only operate later [in the inflation] when the increase of the new flexible exchange rate
Good to Be Bad concerts were followed by concerts in South America, Europe, Japan and North America. The tour went to forty countries. It ended on 14 June 2009 at Download Festival in Donington Park, UK. Seven songs from the new album were performed. Former Whitesnake band member Adrian Vandenberg guested on two concerts. In November 2008, "Good to Be Bad" won the Classic Rock Award for "Album of the Year". The Dinosaur Rock Guitar forum honored the album with a 2008 Dino Award for "Best Album of the Year". Good to Be Bad Good to Be Bad is the tenth studio album by