{"id":43666,"date":"2012-05-05T12:45:03","date_gmt":"2012-05-05T17:45:03","guid":{"rendered":"http:\/\/thesocietypages.org\/socimages\/?p=43666"},"modified":"2013-11-08T04:33:01","modified_gmt":"2013-11-08T09:33:01","slug":"a-case-against-the-penny","status":"publish","type":"post","link":"https:\/\/thesocietypages.org\/socimages\/2012\/05\/05\/a-case-against-the-penny\/","title":{"rendered":"A Case Against the Penny"},"content":{"rendered":"<p><a href=\"https:\/\/thesocietypages.org\/socimages\/files\/2012\/05\/2.png\" data-rel=\"lightbox-image-0\" data-rl_title=\"\" data-rl_caption=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-43674\" title=\"\" alt=\"\" src=\"https:\/\/thesocietypages.org\/socimages\/files\/2012\/05\/2-500x76.png\" width=\"500\" height=\"76\" srcset=\"https:\/\/thesocietypages.org\/socimages\/files\/2012\/05\/2-500x76.png 500w, https:\/\/thesocietypages.org\/socimages\/files\/2012\/05\/2.png 559w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><a href=\"http:\/\/blog.cgpgrey.com\/\">CGP Gray<\/a>\u00a0is in rare form in this 4 1\/2 minute argument in favor of phasing out the penny. He argues, entertainingly, that:<\/p>\n<blockquote><p>&#8230;they cost more to make than they&#8217;re worth, they waste peoples&#8217; time, they don&#8217;t work as money, and because of inflation they&#8217;re less valuable every year making all the other problems worse.<\/p><\/blockquote>\n<p>See what you think:<\/p>\n<p style=\"text-align: center;\"><object width=\"560\" height=\"315\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/y5UT04p5f7U?version=3&amp;hl=en_US\" \/><param name=\"allowfullscreen\" value=\"true\" \/><\/object><\/p>\n<p>Also from CGP Gray:<\/p>\n<ul>\n<li><a href=\"https:\/\/thesocietypages.org\/socimages\/2011\/07\/08\/what-the-bleep-is-the-united-kingdom\/\">What the Bleep is the United Kingdom?!<\/a><\/li>\n<li><a href=\"https:\/\/thesocietypages.org\/socimages\/2011\/04\/29\/the-economics-of-royalty\/\">The Economics of Royalty<\/a><\/li>\n<li><a href=\"https:\/\/thesocietypages.org\/socimages\/2012\/02\/03\/the-social-construction-of-the-continents\/\">The Social Construction of the Continents<\/a><\/li>\n<li><a href=\"https:\/\/thesocietypages.org\/socimages\/2012\/03\/11\/a-history-and-account-of-daylight-savings\/\">A History and Account of Daylight Savings<\/a><\/li>\n<\/ul>\n<span class=\"ft_signature\"><em><a href=\"http:\/\/lisa-wade.com\/\">Lisa Wade, PhD<\/a> is an Associate Professor at Tulane University. She is the author of <\/em><a href=\"https:\/\/www.amazon.com\/American-Hookup-New-Culture-Campus\/dp\/039328509X?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">American Hookup<\/a><em>, a book about college sexual culture; a <a href=\"https:\/\/www.amazon.com\/Gender-Interactions-Institutions-Lisa-Wade\/dp\/0393931072?ie=UTF8&amp;*Version*=1&amp;*entries*=0\">textbook about gender<\/a>; and a forthcoming introductory text: <\/em><a href=\"https:\/\/lisa-wade.com\/intro\/\">Terrible Magnificent Sociology<\/a><em>.\u00a0You can follow her on <a href=\"https:\/\/twitter.com\/lisawade\">Twitter<\/a> and <a href=\"https:\/\/www.instagram.com\/lisawadephd\/\">Instagram<\/a>.<\/em><\/span>","protected":false},"excerpt":{"rendered":"<p>CGP Gray\u00a0is in rare form in this 4 1\/2 minute argument in favor of phasing out the penny. He argues, entertainingly, that: &#8230;they cost more to make than they&#8217;re worth, they waste peoples&#8217; time, they don&#8217;t work as money, and because of inflation they&#8217;re less valuable every year making all the other problems worse. See [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[36,253,304],"class_list":["post-43666","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-economics","tag-history","tag-the-state"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/43666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/comments?post=43666"}],"version-history":[{"count":7,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/43666\/revisions"}],"predecessor-version":[{"id":58385,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/posts\/43666\/revisions\/58385"}],"wp:attachment":[{"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/media?parent=43666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/categories?post=43666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thesocietypages.org\/socimages\/wp-json\/wp\/v2\/tags?post=43666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}