Thanks to Steve Dubner’s New York Times Freakonomics column this week, I discovered this hilarious and agreeable diatribe by vlogger John Green. In the video, Green offers up a plethora of reasons why the penny (and the nickel) should be abolished…
After watching, I’m converted. I just don’t understand why a tangible object holds a value of 1/5th of what it’s worth. And what costs a penny these days? I think the going rate for a Tootsie Roll is up to 8¢.
Ahhh economics; ahhh America.
