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The US one cent piece, or the penny as it’s more commonly known, is due to be dropped from circulation in the year 2020. This marks the end of many years of debate within the United States government over whether to continue to use the coin. Consumers and merchants alike have rallied on both sides [...]
I love this idea as a way to physical show what it’s like to earn minimum wage in the US today. Blake Fall-Conroy put together a machine that dispenses pennies and allows any person to work for minimum wage. The concept is simple. An individual cranks a handle on the machine and pennies drop out [...]
Pennies made the news this month, as they now cost more than their value to mint. (Nickels do, too.) These costs are blamed on the rising prices of the metals used to make the coins, so theoretically, you might be able to melt down a pile of coins and sell them for more than their [...]
“If Bill Gates saw $100 lying on the ground, it wouldn’t be worth his time to pick it up,” a friend told me once. She reasoned that he would make more during that time by doing something else. At an estimated salary of $4,000 per minute, every minute of the week, Gates would indeed be [...]
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