Penny reign

posted by
December 25, 2010
by Tim Cavanaugh  
Posted in Commentary

"Penny haters insist they are motivated by unalloyed Taylorist logic. Their arguments for ending the copper-colored miscegenation of silvery coinage can be pretty compelling: The amount of time we spend futzing with small change amounts to a multimillion-dollar opportunity cost each year. ... As you read this article, some yuppie, gold card in hand, is being made to wait in a Trader Joe’s checkout line as an old lady sorts out her change — and if the cowardly morality of society will not allow us to kill the elderly for efficiency’s sake, we can at least take away their coins." (for publication 01/11)  

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