President Trump wants lower interest rates. That is natural; he is by profession a real estate developer and low interest rates make real estate developers’ lives easier and more profitable. However, when the Fed’s inflation target is 2% and actual inflation is 3%, interest rates below 5% or so wreck the economy in the long-term. […]

Fifteen hundred of the participants in the January 6, 2021 demonstration at the U.S. Capitol, almost all of them non-violent, were imprisoned through a disturbing use of modern surveillance technology. Twenty years earlier, no such universal punishment would have been possible, even had the government, then far less authoritarian, wanted to impose it. Numerous people […]

Editor’s Note: The Bear’s Lair is happily continuing for the foreseeable future as we were never dependent on USAID funding. Our sincerest condolences to our suddenly impoverished fellow writers. President Trump has had a very successful first few weeks in office, issuing a blizzard of Executive Orders that not only reversed much of the damage […]

Just as Oscar Wilde said it would take a heart of stone not to laugh at the death of Little Nell, so one cannot help giggling that a Chinese inventor with a small team and modest resources has by his open source DeepSeek AI system outsmarted the behemoth “geniuses” that came up with the $500 […]