[clarkmoody]

Rothbard's History of Money and Banking in the United States: The Colonial Era to World War II[1] wades through hundreds of years of Gresham's Law in action. Special attention is devoted to par laws and legal tender laws in exacerbating the tendency of banks to print more notes than there is metal in the vault.

[1] https://mises.org/library/history-money-and-banking-united-s... (free audio book, epub, and pdf available)

[c3534l]

Aw, you had me until mises.org. I prefer to get my economics from reputable sources.

[clarkmoody]

Seriously? I was of the opinion that Hacker News readers had enough intellectual fortitude to evaluate content on its merits.