The world is an uncertain and risky place. The news constantly bombards us with scary situations from school shootings to gruesome murders. Risk is everywhere and associated with everything. For example, the Center for Disease Control a decade ago estimated over 20 million people a year ended up in emergency rooms because of bathroom injuries. Continue reading How to deal with life’s risks more rationally
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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 Should We Get Rid of the Penny?