Why eliminating the penny makes sense
February 13, 2025
February 13, 2025
WINSTON-SALEM, North Carolina, Feb. 13 -- Wake Forest University posted the following news:
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Why eliminating the penny makes sense
For more than two decades, economics professor Robert Whaples has advocated for an end to the penny. In 2007, when he published an article about the imperative to eliminate America's one-cent coin, Whaples received a personal note from Paul Volcker, the former chairman of the Federal Reserve: "Get it done, and you . . .
* * *
Why eliminating the penny makes sense
For more than two decades, economics professor Robert Whaples has advocated for an end to the penny. In 2007, when he published an article about the imperative to eliminate America's one-cent coin, Whaples received a personal note from Paul Volcker, the former chairman of the Federal Reserve: "Get it done, and you . . .