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Document Type

Article

Abstract

There has recently been a call to eliminate the penny. Arguments for and against the proposal are presented. The evidence suggests that there would be a net gain if the penny were eliminated and prices were rounded on cash transactions. Unfortunately, the decision to do so is in the hands of politicians who are more interested in narrow self-interest than in the common good.

Publication Date

Spring 2006

Journal Title

Major Themes in Economics

Volume

8

Issue

1

First Page

1

Last Page

9

Copyright

©2006 by Major Themes in Economics

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Language

EN

File Format

application/pdf

Included in

Economics Commons

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