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
Hitler Bad, Vandals Good Hitler Bad, Vandals Good Hitler Bad, Vandals Good is the seventh studio album by the southern California punk rock band The Vandals, released in 1998 by Nitro Records. Much of the album is characterized by the pop-punk music and humorous lyrics for which the band is known, and it became their most popular and commercially successful album to date. While the band has utilized humor as a basis for much of their lyrical content throughout their career, the humor on their previous album "The Quickening" had been rooted heavily in sarcasm and dealt with themes of nihilism, anarchism and apathy.