Should We Get Rid of the Penny?

Today’s Wall Street Journal (March. 19, 2017, page R1; online version is here) printed  an article I wrote.  They asked me to be part of a debate on “Should the U.S. Retire the Penny and Nickel?”  I took the “no” side.  This is a follow on article from the piece I wrote for TheConversation back in August 2017 (see the original piece here) that advocated the same idea.  Because of space limits the Wall Street Journal edited down my piece.  Below is the unedited version: Continue reading