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
Good News, Bad News (novel) Good News, Bad News (novel) Good News, Bad News is a spy/espionage novel by British author David Wolstencroft. The novel was first published in 2004, and was Wolstencroft's first novel. It was published by BCA by arrangement with Hodder & Stoughton. The novel revolves around two men, Charlie Millar and George, both secret agents who are mistakenly placed together as employees in a photo kiosk at Oxford Circus. Neither man is aware of the other's real identity. Then a "Frame Thirteen" order comes through, instructing each to assassinate the other. Charlie and George try at first to carry out the