StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between



penny

Posted by Stan Collender

On Friday, Greg Mankiw again argued that it makes sense to get rid of the U.S. penny and quotes Treasury Secretary Hank Paulson saying it would make sense.  Part of the reason Mankiw wants to eliminate the penny is that it costs more than one cent to make it.

Some quick thoughts.




Recent comments


Advertising


Order from Amazon


Copyright

Creative Commons LicenseThe content of CapitalGainsandGames.com is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License. Need permissions beyond the scope of this license? Please submit a request here.