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Gresham

グレシャム ／ gresham　—　People & places

A sixteenth-century English merchant and financier.

Sixpence of Elizabeth I Sixpence of Elizabeth I1560s– Monneron of 2 sols Monneron of 2 sols1791 Draped Bust dollar Draped Bust dollarDated 1796
A photograph of the real thing this term names.

⚠ Known for the phrase "Bad money drives out good," but the phenomenon itself was known before his time. Whether a name becomes attached to a law does not always correspond to the order of discovery.