George Selwin discussed salvaging it in an article subtitled, "The Good, the Bad, and the Illegal," while the first reference to it may have appeared in Maxims by Theognis.  
George Selwin discussed salvaging it in an article subtitled, "The Good, the Bad, and the Illegal," while the first reference to it may have appeared in Maxims by Theognis.  A 1986 article by Rolnick and Weber argued against it, calling it a "fallacy", while this principle first received its current name by Henry Dunning Macleod.  One of the situations in which this has been shown not to apply is in California during the greenback era, while it has often been used as support against bimetallism.  Its namesake put forth this principle as a response to the "Great Debasements" of the monarchs preceding Queen Elizabeth I.  FTP, identify this law of economics stating "bad money drives out good."
George Selwin discussed salvaging it in an article subtitled, "The Good, the Bad, and the Illegal," while the first reference to it may have appeared in Maxims by Theognis.  
{Gresham}’s Law