Thomas Gresham famous quotes

Last updated: Sep 5, 2024

[Gresham's Law]: Bad money drives out good money.
-- Thomas Gresham

#Law #Good Money
When depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the good money automatically disappears.
-- Thomas Gresham

#Currency #Disappear #Term

A poem generated by its own laws may be unrealized and bad in terms of so-called objective principles of taste, judgement, deduction.
Each poem in becoming generates the laws by which it is generated: extensions of the laws to other poems never completely take.
After the war, prompted by the Cardinal Archbishop of Paris, I entered Parliament so that a priest could speak out for the poor, as canon law at that time still permitted.
Expedience, not justice, is the rule of contemporary American law.
If the divine Mercy grants him the knowledge of himself, then his adoration will be pure; and, for him, paradise and hell, recompense, spiritual degrees and all created things will be as though God had never created them. He will not accord them any importance, nor will he take them into consideration, except to the extent that it is prescribed by the divine Law and Wisdom. For then he will know Who is the sole Agent.
This sense of wonder leads most scientists to a Superior Being - der Alte, the Old One, as Einstein affectionately called the Deity - a Superior Intelligence, the Lord of all Creation and Natural Law.
Labor is the law of happiness.
If particular care and attention is not paid to the ladies, we are determined to foment a rebellion, and will not hold ourselves bound by any laws in which we have no voice, or representation.
The liberty of a people consists in being governed by laws which they have made themselves, under whatsoever form it be of government; the liberty of a private man, in being master of his own time and actions, as far as may consist with the laws of God and of his country.
[Gresham's Law]: Bad money drives out good money.

Thomas Gresham famous quotes

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