----------------- HES POSTING ----------------- 
 
The Palgrave, in its entry on Gresham's Law mention "Thiers Law" as a corollary that
states "good money drives out bad" when the ratio between the two currencies is not fixed
and you are not dealing with a commodity money.
 
Does anybody know of any other reference to Thiers Law or where the "law" comes from? 
 
Paul A. Heise 
 
------------ FOOTER TO HES POSTING ------------ 
For information, send the message "info HES" to [log in to unmask]