Skip to content
Search

Latest Stories

Follow Us:
Top Stories

The End of the Penny — and the Price of Truth in Journalism

From copper coins to clickbait, the end of the penny reminds us why facts still matter.

Opinion

People holding microphones and recorders to someone who is speaking.

As the U.S. retires the penny, this essay reflects on lost value—in currency, communication, and truth—highlighting the rising threat of misinformation and the need for real journalism.

Getty Images, Mihajlo Maricic

232 years ago, the first penny was minted in the United States. And this November, the last pennies rolled off the line, the coin now out of production.

“A penny for your thoughts.” This common idiom, an invitation for another to share what’s on their mind, may go the way of the penny itself, into eventual obsolescence. There are increasingly few who really want to know what’s on anyone else’s mind, unless that mind is in sync with their own.


To discover what another is thinking and feeling would require us to put down our phones, stop watching “our feeds,” and give up espousing our views and justifying our opinions, at least long enough to actually listen to, or read, from reputable news sources.

It would also require empathy, which is in short supply lately.

One of the great ironies of our age is that although we are more connected, we are less so. Yet, communication is essential to human interaction. Its structural weave incorporates the mores and principles of a society, and it can even be a critical factor in the making or breaking of great movements and ages. Staying informed is essential to us personally and as a nation.

Monetary systems, like communication, are also necessary to modern civilization. The penny no longer makes sense, any more than returning to a primitive trade exchange does. Much as we might like to pay our dentist with a loaf of banana bread instead of a credit card, our complex financial world cannot accommodate such bartering. Yet, a vital monetary system and journalism as a means of communication are critical to our success as a country. The basis of both must be sound.

Since 1793, when pennies were first minted in the U.S., we’ve had a one-cent denomination. Then, of course, the value of a single cent was much higher and could buy much more. The first pennies, large coins called Lady Liberties, were of pure copper. One such coin in “mint” condition is worth millions of dollars today.

So, too, is the increased worth of the principles of that nascent age, when our country was discovering its values and forging its future. Striving to incorporate intrinsic concepts of truth, as well as ensuring our liberty to express ourselves, were powerful components in formulating our democracy.

The now-novel altruistic idea of politics as public service was prevalent in that bygone age. The first leader of our nation did not want to be a king. Washington accepted the presidency only as it incorporated a balance of power, with the legislative and judicial branches equal to the executive.

Who hasn’t been ambushed, when turning on the morning news, by an onslaught of the latest projectiles from our tweeting current president’s favored platform, “Truth Social?” But, is it “truth,” or opinion, or hyperbole? And isn’t “social” a misnomer, unless it refers to a party of just one, or possibly a group of far-right devotees? This is not communication; it’s ranting.

Nostalgic as we may be for ethical journalism and verified sources, we cannot go backwards and deny the effects of social media and its pervasiveness in our culture. Need proof? Where else can “Surfer Girl” meet “Beach Boy” and they both reside in Iowa? True story, and they’re now married.

Too often, opinions are presented as facts and hidden in anonymity. Communication nose-dives when laced with threats, or is simply a drivel of personal beliefs and conspiracy theories, or worst of all, overtly radical. According to social scientists, those caught in this net of light-speed communication, especially younger people who have not yet learned the idea of dissection before dissemination, are experiencing increased radicalization. Discretion is essential.

“Just the facts, ma’am,” is not only a catchphrase from the television series “Dragnet.” True journalism, the “fourth and unregulated branch of our government,” strives to report verifiable facts and emphasizes fair reporting. Editors, fact-checkers, and readers scrutinize a “story” to make certain it is accurate. Plus, journalists are accountable for what they write or say. Those who publish erroneous news are eventually exposed, their work devalued as “not worth the paper it was written on.”

There are many reputable news organizations in existence (you are currently reading a piece in one.) But we now live in a digital age, and publication is as easy as hitting “send.” Thus, rumors, innuendos, falsehoods, and exaggerations fly about as freely as drones in our skies, hurled like flaming spears into media feeds.

So much of today’s so-called “reporting” is divisive, derogatory, and even dangerous. And not worth even today’s penny.

Whereas good journalism is verifiable, informative, and aspires to be engaging and enlightening, and very often is. It is priceless.


Amy Lockard is an Iowa resident who regularly contributes to regional newspapers and periodicals. She is working on the second of a four-book fictional series based on Jane Austen’s “Pride and Prejudice."


Read More

President Trump Should Put America’s AI Interests First
A close up of a blue eyeball in the dark
Photo by Luke Jones on Unsplash

President Trump Should Put America’s AI Interests First

In some ways, the second Trump presidency has been as expected–from border security to reducing the size and scope of the federal government.

In other ways, the president has not delivered on a key promise to the MAGA base. Rather than waging a war against Silicon Valley’s influence in American politics, the administration has, by and large, done what Big Tech wants–despite its long history of anti-Trumpism in the most liberal corners of San Francisco. Not only are federal agencies working in sync with Amazon, OpenAI, and Palantir, but the president has carved out key alliances with Mark Zuckerberg, Jensen Huang, and other AI evangelists to promote AI dominance at all costs.

Keep ReadingShow less
medical expenses

"The promise of AI-powered tools—from personalized health monitoring to adaptive educational support—depends on access to quality data," writes Kevin Frazier.

Prapass Pulsub/Getty Images

Your Data, Your Choice: Why Americans Need the Right to Share

Outdated, albeit well-intentioned data privacy laws create the risk that many Americans will miss out on proven ways in which AI can improve their quality of life. Thanks to advances in AI, we possess incredible opportunities to use our personal information to aid the development of new tools that can lead to better health care, education, and economic advancement. Yet, HIPAA (the Health Information Portability and Accountability Act), FERPA (The Family Educational Rights and Privacy Act), and a smattering of other state and federal laws complicate the ability of Americans to do just that.

The result is a system that claims to protect our privacy interests while actually denying us meaningful control over our data and, by extension, our well-being in the Digital Age.

Keep ReadingShow less
New Cybersecurity Rules for Healthcare? Understanding HHS’s HIPPA Proposal
Getty Images, Kmatta

New Cybersecurity Rules for Healthcare? Understanding HHS’s HIPPA Proposal

Background

The Health Insurance Portability and Accountability Act (HIPAA) was enacted in 1996 to protect sensitive health information from being disclosed without patients’ consent. Under this act, a patient’s privacy is safeguarded through the enforcement of strict standards on managing, transmitting, and storing health information.

Keep ReadingShow less
Two people looking at screens.

A case for optimism, risk-taking, and policy experimentation in the age of AI—and why pessimism threatens technological progress.

Getty Images, Andriy Onufriyenko

In Defense of AI Optimism

Society needs people to take risks. Entrepreneurs who bet on themselves create new jobs. Institutions that gamble with new processes find out best to integrate advances into modern life. Regulators who accept potential backlash by launching policy experiments give us a chance to devise laws that are based on evidence, not fear.

The need for risk taking is all the more important when society is presented with new technologies. When new tech arrives on the scene, defense of the status quo is the easier path--individually, institutionally, and societally. We are all predisposed to think that the calamities, ailments, and flaws we experience today--as bad as they may be--are preferable to the unknowns tied to tomorrow.

Keep ReadingShow less