The Bear’s Lair

The Bear’s Lair: How Supreme Courts should work

The United States Supreme Court’s season ends in the next few weeks with a slew of decisions, after a year in which it has been subjected to increasingly vitriolic criticism by a left that feels neglected. In Britain, the “Supreme Court” set up by Tony Blair has been a fount of leftist Establishment wokery and […]

The Bear’s Lair: The long-term cost of dopey government

Benjamin Disraeli’s 1868 nationalization of the British tech sector does not get a mention in Robert Blake’s 800-page biography, yet it has had deeply damaging repercussions for Britain’s well-being over the 150-plus years since it happened. That illustrates our most important hidden problem: government’s regulatory meddling, utterly without regard to economic principles, may well produce […]

The Bear’s Lair: Heaven and Hell in Latin America

The election win of Claudia Scheinbaum in Mexico dooms that country to at least six more years of violent Marxist wokery. Yet in a few countries elsewhere in Latin America, the universal gloom of socialism is lifting – Xavier Milei’s government in Argentina and Nayib Bukele’s in El Salvador both offer hope for the future […]

The Bear’s Lair: Slavery Makes a Comeback

At the end of the 19th Century, it appeared that slavery had almost been eliminated worldwide. With slaveowners in British colonies bought out by Britain, an appalling Civil War in the United States, confiscation in Brazil and a major effort by the Royal Navy to extirpate the trade, its prevalence had been reduced to a […]

The Bear’s Lair: Did the West lose the Cold War?

All of us who are old enough can remember where we were when it happened – the fantastic sight of demonstrators breaking down the Berlin Wall that had divided Germany and mankind for several decades, apparently marking the death-knell of the evil Communist tyranny. But a generation later, the question has to be asked: did […]

The Bear’s Lair: The Struldbrugg Industrial Revolution

The Industrial Revolution is currently 256 years old, if you agree with my chronology in “Forging Modernity” dating its inception to 1768, plus or minus a year or two. Even given that it soared beyond mere human limitations, you would expect it to be showing signs of age by now. Yet in recent years, it […]

The Bear’s Lair: Don’t blame Trump for the coming slump

Observers have been puzzled by the continued strength of the U.S. stock market, asset prices generally and the U.S. economy in the face of sharp rises in interest rates since early 2022. Artificial stimulus from record U.S. budget deficits seems to be part of the cause, but an even more significant indicator is the velocity […]

The Bear’s Lair: Mankind’s taste for economic suicide

The democratic system of government has many advantages, but it is bedeviled by the electorate’s tendency to fall for snake-oil salesmen peddling economically devastating nostrums. In recent years, the climate change “net zero” nonsense is the most obvious of these follies, but they stretch back through democratic history to the repeal of the Corn Laws […]

The Bear’s Lair: Corporations must provide job security

The United Auto Workers’ success in unionizing a Volkswagen plant in Tennessee suggests that the reported death of private sector unions is not imminent. Fifty years ago, even in cyclical industries unionized workers were close to Japan-style lifetime employment, with any layoffs in business downturns allocated by inverse seniority, so that after a few years […]

The Bear’s Lair: Take an axe to international bodies

The European Court of Human Rights’ decision sanctioning Switzerland for having not done enough to combat global warming is typical of all international bodies. It flouted the original restrictions imposed on the court’s activity, the decision did direct economic harm to ordinary Swiss citizens, and the Court exhibited utter contempt for Swiss democracy. International bodies […]