Economics: Terms and Concepts

The Oxford Dictionary of Phrase and Fable The Columbia Encyclopedia, 6th ed. Further reading

Gresham's Law

The Oxford Dictionary of Phrase and Fable | 2006 | | Copyright

Gresham's Law the tendency for money of lower intrinsic value to circulate more freely than money of higher intrinsic and equal nominal value (often expressed as ‘Bad money drives out good’). It is named for the English financier Thomas Gresham (c.1519–79), who founded the Royal Exchange in 1566 and served as the chief financial adviser to the Elizabethan government. Gresham's emblem, a grasshopper, was later used by Martin's Bank.

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ELIZABETH KNOWLES. "Gresham's Law." The Oxford Dictionary of Phrase and Fable. 2006. Encyclopedia.com. 1 Jun. 2012 <http://www.encyclopedia.com>.

ELIZABETH KNOWLES. "Gresham's Law." The Oxford Dictionary of Phrase and Fable. 2006. Encyclopedia.com. (June 1, 2012). http://www.encyclopedia.com/doc/1O214-GreshamsLaw.html

ELIZABETH KNOWLES. "Gresham's Law." The Oxford Dictionary of Phrase and Fable. 2006. Retrieved June 01, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O214-GreshamsLaw.html

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Gresham's law

The Columbia Encyclopedia, 6th ed. | 2011 | Copyright

Gresham's law see under Gresham, Sir Thomas .

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"Gresham's law." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. 1 Jun. 2012 <http://www.encyclopedia.com>.

"Gresham's law." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. (June 1, 2012). http://www.encyclopedia.com/doc/1E1-X-Greshams.html

"Gresham's law." The Columbia Encyclopedia, 6th ed.. 2011. Retrieved June 01, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1E1-X-Greshams.html

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Free newspaper and magazine articles

	The tale of Gresham's law.(bad money drives out good money) Magazine article from: Economic Commentary (Cleveland); 10/1/2005
	The Tale of Gresham's Law Magazine article from: Economic Commentary (Cleveland); 10/1/2005
	Gresham's law, technology, and education. (technology can be detrimental to... Magazine article from: Phi Delta Kappan; 3/1/1994