Links from the Honorary Ordinaries
We haven’t done one of these for awhile. Today seems like as good a day as any. It’s sometimes easy to forget that a lot of times the most detail-oriented, sober, and incisive pieces of analysis get shut out of the top-tier of the blogosphere, which in turn is quite capable of the worst kinds of pseudo-analysis that makes you wonder who the writer reached that level of regard. So….
Fester Dave Anderson explores whether legalization and taxation of marijuana can provide a significant source of a state’s revenue that would allow a state to solve its budget problems. Anderson discusses the clear similarities between wine production and a legalized marijuana industry and concludes that the answer is “no.”
Darwin Catholic posits a theory for the US’ more or less unique-in-the-West dilemma of rising income inequality. He suggests that the beginnings of globalization in the aftermath of WWII were uniquely beneficial to the American working class, but that these benefits quickly stagnated once the rest of the developed world recovered from WWII, even as increasing globalization ensured that American skilled and highly educated labor continued to reap the rewards.
Publius at the Fourth Branch puts Obama’s falling approval ratings in historical context.