A labor-saving suggestion on Labor Day
On a day of leisure, Jay Drezner suggests a policy step that would save everyone a lot of time: I hate pennies (and hate is a strong word – my mother always told me that). Pennies are a completely useless coin, not able to be used in vending machines, toll roads and perhaps not least ...
On a day of leisure, Jay Drezner suggests a policy step that would save everyone a lot of time:
On a day of leisure, Jay Drezner suggests a policy step that would save everyone a lot of time:
I hate pennies (and hate is a strong word – my mother always told me that). Pennies are a completely useless coin, not able to be used in vending machines, toll roads and perhaps not least importantly, Las Vegas coin counters. Not only that, but think about this – according to CNN / Money magazine, a penny costs around 0.89 of a cent to make. While they argue that the US Mint then ends up making money on the penny, I don’t quite buy it.
Read the whole post. Lots of arcane links, too.
Daniel W. Drezner is a professor of international politics at the Fletcher School of Law and Diplomacy at Tufts University and co-host of the Space the Nation podcast. Twitter: @dandrezner
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