Thomas Gresham
(c. 1518 - 21 Nov 1579)

English merchant and financier who is remembered for Gresham's law that 'bad money drives out good.' He founded the Royal Exchange, London, in the 1560s.

Science Quotes by Thomas Gresham (1)

[Gresham's Law]: Bad money drives out good money.
[Thomas founded the Royal Exchange]
— Thomas Gresham
Quoted in C. Alexander Harris, Gresham's Law (1896), 262.
See also:  |  Law (134)


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