“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
Gresham’s Law is an economic maxim that states “good money” drives out “bad money.” But under the right circumstances, it might be possible to reverse Gresham and do the opposite. Named in 1857 by economist Henry Dunning Macleod after Sir Thomas Gresham, an English...
