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The Conversation USA

The penny may be worthless, but let's keep it anyway

  • Written by Jay L. Zagorsky, Economist and Research Scientist, The Ohio State University
imageThe 16th U.S. president has graced the penny since 1909.AP Photo/David Zalubowski

Governments have long waged a war on cash in an attempt to curb terrorism and tax evasion. Their focus has typically been on eliminating large denominations, like Europe’s €500 bill or India’s 1,000 rupee note.

Two U.S. lawmakers have a much smaller...

Read more: The penny may be worthless, but let's keep it anyway

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