Streams

Underreported: Flipping the Coin

Thursday, February 08, 2007

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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