Underreported: Flipping the Coin
from Underreported from WNYC's The Leonard Lopate Show Hosted by WNYC, New York Public Radio
On Feb. 15, the U.S. Mint will release its latest edition of U.S. currency: a new series of one-dollar presidential coins. But one-dollar coins have never really caught on in the US. What will it take to make Americans accept one-dollar coins? Also: should the penny be abolished? Leonard talks to Douglas Mudd, curator of the American Numismatic Association’s Money Museum and author of the book All the Money in the World; and Austan Goolsbee, a professor of economics with the University of Chicago.
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