Some Neglected Aspects of Gresham's Law

Abstract

Gresham's public services, 480. — His letter of 1558 to Queen Elizabeth, 482. — Recoinage of 1560 and Gresham's relation to it, 483. — Origin of term Gresham's law, 486. — Macleod's discussion, 000. — Jevons' discussion, 490. — Adoption of term in America, 491. — Interpretations of “ bad money drives out good money,” 492. — Gresham's law and currency depreciation, 494.