Tale of Gresham's law
journal contribution
posted on 2005-10-01, 00:00 authored by Richard Dutu, E Nosal, G RocheteauGresham’s law, which says that bad money tends to drive good money out of circulation, may account for many nations’ episodes of money troubles, as far back as ancient Athens. This Commentary discusses the two main explanations for Gresham’s law and suggests some circumstances in which the law does not apply.<br>
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Cleveland, OhioOpen access
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engNotes
Reproduced with the specific permission of the copyright owner.Publication classification
CN.1 Other journal article; C Journal articleJournal
Economic commentaryISSN
0428-1276Usage metrics
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