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Odd Numbers blog, from Portfolio
It is very good, find it here. You'll find posts on whether we should abolish the penny, why housing derivatives aren't more popular, and which is now the largest "emerging market" (Brazil, not China). Thanks to Chris F. Masse for the pointer.
Posted by Tyler Cowen on March 4, 2008 at 07:23 AM in Web/Tech | Permalink
Comments
I have been following Jelveh over at Odd numbers since they started, and the blog is indeed excellent. I am a little concerned about their low readership though, hopefully it will pick up now.
Posted by: JBJ at Mar 4, 2008 8:30:02 AM
Has anyone considered just making pennies and nickels smaller? Or just the penny, if the parking meter and vending machine lobbies are too powerful.
Posted by: mobile at Mar 4, 2008 11:24:12 AM
I like money with holes in it. If you can't get rid of the penny, at least redesign (I think I had some of those as a kid).
Posted by: odograph at Mar 4, 2008 1:51:27 PM
Getting rid of the penny would feed inflationary expectations. Let's do it now while inflation is actually going up.
Posted by: John Kunze at Mar 4, 2008 3:26:55 PM
I hate the tiny little dime. Make the penny worth a nickle, make a nickle worth a dime and dump the dime.
Posted by: fg556 at Mar 4, 2008 4:18:28 PM
Speaking of Portfolio's blogs, did you ever read the hatchet job their media blogger did on George Mason?
http://www.portfolio.com/views/blogs/mixed-media/2008/01/14/the-worst-science-writing-not-necessarily
Posted by: Ted Craig at Mar 4, 2008 4:22:16 PM
Brazilian solution to no pennies scenario (there's a shortage of small coins and they don't seem to be motivated to make more): stores round off the purchase cost, sometimes up, sometimes down. But it eventually evens out.
Posted by: Puxar a Guarda at Mar 4, 2008 11:40:40 PM
