What does Illinois export and to which countries? While overshadowed by Springfield politics regarding pensions, concealed weapons, and gay marriage, Governor Pat Quinn recently visited Mexico on a trade mission. This jaunt was the fifth such mission having previously visited: Belgium, Brazil, Canada, & China. Leaving aside FDI and trade in services (for this articleContinue reading “What Does Illinois Export?”
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The Poor Penniless Penny
What is America’s obsession with the penny? Quoting a study from 1976, the US Mint suggested that the humble penny is the “most widely used denomination in circulation.” Even more bizarre, the one cent coin requires nearly 2.5 cents in raw materials. A penny saved is now a penny and half of your tax dollarsContinue reading “The Poor Penniless Penny”
