Robert Whaples

Robert Whaples is a professor of economics at Wake Forest University, known for his research and analysis on economic policy and public finance. He has contributed to discussions around the costs associated with coin production in the United States, particularly focusing on the economic implications of maintaining low-denomination coins like the penny. Whaples argues that the penny is not only costly to produce but also a waste of time for consumers, highlighting the inefficiencies in handling such small denominations in everyday transactions.