The Minister for Defence, Dr Edward Omane Boamah, has assured Ghanaians that the government is taking urgent steps to repair the economic damage caused by the previous administration.

Harvard economist Gregory Mankiw, renowned for his textbook, recently posted on his blog: “Value-added tax (VAT) is not a ...

Phasing out the penny could result in needing to make more nickels, and the U.S. Treasury Department loses far more money on every nickel than it does on every penny.

Supporters of eliminating the penny argue that it is outdated and impractical. Economist N Gregory Mankiw, quoted by Time, previously wrote that the coin no longer serves a useful function: “The ...

But even costs aside, Harvard economist N. Gregory Mankiw argued against the one-cent coin on the basis of its lack of everyday utility, writing in a 2006 Wall Street Journal editorial: “The purpose ...