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May 8, 2012 10:57AM 

# The Penny (Again): Don’t Subsidize, Privatize! 

By [George Selgin](https://www.cato.org/people/george-selgin) 

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[Two more cents from me](http://www.bloomberg.com/news/2012-05-08/when-entrepreneurs-privatized-the-penny.html#fadetoblack) on the topic, from Bloomberg’s *Echoes* blog.

##### Related Tags 

[Monetary Policy](https://www.cato.org/monetary-policy), [Alt-M](https://www.cato.org/alt-m), [Center for Monetary and Financial Alternatives](https://www.cato.org/center-monetary-financial-alternatives) 

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