Monetae cudendae ratio ("Treatise on Coin") and "Modus cudendi monetam" ("The Way to Strike Coin"). He made these the basis of a report which he presented to the Prussian Diet at Grudziądz (Graudenz) in 1522; Copernicus' friend Tiedemann Giese accompanied him on the trip to Graudenz. For the 1528 Prussian Diet, Copernicus wrote an expanded version of this paper, "Monetae cudendae ratio", setting forth a general theory of money. In the paper, Copernicus postulated the principle that "bad money drives out good", which later came to be referred to as Gresham's Law after a later describer, Sir Thomas Gresham. This phenomenon had been
The Most Good You Can Do Law School professor Eric Posner reviewed the book for "Slate Magazine", concluding: "So what’s an effective altruist to do? The utilitarian imperative to search out and help the people with the highest marginal utility of money around the world is in conflict with our limited knowledge about foreign cultures, which makes it difficult for us to figure out what the worst-off people really need.* For this reason, donations to Little League and other local institutions you are familiar with may not be a bad idea. The most good you can do may turn out to be—not much." Posner wrote a