Date of Award
Bachelor of Arts
Political Science and International Affairs
Department Chair or Program Director
Major or Concentration
Since the 1980s, the debate about the one-cent piece’s production and use has been discussed throughout relatively recent Congressional history; and has involved economic, financial, industry-based, as well as numismatic groups to weigh in on the topic. The question arises: Why have other countries successfully changed their lower-denomination currency and converted their economic system into one that incorporates cash-rounding while the United States has struggled to do so?
By observing international examples of the obsoletion of low-denomination coinage and the implementation of cash-rounding, the proposed economic and financial reform has proved to work as an economically-sound alternative to the current system. Due to industry-based lobbying efforts and growing partisanship within Congress, legislative productivity has decreased across most proposed legislation. The debate about the one-cent piece is one topic that has become stagnant within Congressional committees.
Cather, William, "Reforming the United States’ Currency Production" (2022). Student Research Submissions. 499.