Reference Entry

Gresham’s law

John Black, Nigar Hashimzade and Gareth Myles

in A Dictionary of Economics

Fifth edition

Published in print January 2017 | ISBN: 9780198759430
Published online January 2017 | e-ISBN: 9780191819940
Gresham’s law

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The observation that ‘bad money drives out good’. Bad money was originally interpreted as coins that had been debased and

Reference Entry.  55 words. 

Subjects: Economics

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