Economics
Short articles about economics, one idea in each.
- Each US penny cost the Mint about three cents to makeFor 20 years in a row, the US Mint spent more than a cent to produce a one-cent coin. Where the money went, and why the US stopped making pennies for circulation in 2025.
- What the price of a Big Mac says about currenciesSince 1986 The Economist has compared what a Big Mac costs around the world. The joke turns out to be a neat lesson in purchasing power parity, and in where it stops working.
- The dollar is named after a silver valley in BohemiaDollar began as the name of a coin from a mining town in what is now the Czech Republic. A Spanish coin carried the name around the world, and into the United States.