Gresham's law the building of the Temple from the Bible and the Mishna in tractate Bava Metzia () from the Talmud. Ibn Taimiyyah (1263–1328) described the phenomenon as follows: In an influential theoretical article, Rolnick and Weber (1986) argued that bad money would drive good money to a premium, rather than driving it out of circulation. However, their research did not take into account the context in which Gresham had made his observation. Rolnick and Weber ignored the influence of legal tender legislation, which requires people to accept both good and bad money as if they were of equal value. They also
The Good, The Bad & The 4-Skins The Good, The Bad & The 4-Skins The Good, The Bad & The 4-Skins is the first album by English punk rock/Oi! band, The 4-Skins. Released in June 1982 on Secret Records, the album topped the UK independent and punk charts, and entered the Top 100 of the UK Albums Chart. Side A of the original LP contained studio recordings, and Side B featured live versions of several previously released songs. The album was later combined with follow-up release, "A Fistful Of...4-Skins" (omitting the track "One Law for Them" due to space limitations) and released on a single CD by