Month: March 2023

The Bear’s Lair: British Tories revert to bad habits

Since the time of Sir Robert Peel (Prime Minister 1834-35, 1841-46) the British Conservative party has been notorious for its inability to conserve anything worthwhile, let alone to restore anything that its opponents had dismantled. For a few years in the 1980s, it appeared that Margaret Thatcher, while imperfect on several issues, had reversed this […]

The Bear’s Lair: The Strange Death of Silicon Valley Bank

Silicon Valley Bank (SVB) was at first sight a splendid 21st century replica of the 18th century Country Banks that fueled the Industrial Revolution – it was local to Silicon Valley, supremely attuned to the major industry in its locality, and easy for that industry to deal with. So why did it fail? The answer […]

The Bear’s Lair: Corporatism is not Capitalism

The Federal Trade Commission under its fearless leftist chair Lina Khan is proposing to ban non-compete agreements, which prevent employees from working for a competitor for an often lengthy period after their departure and are applied to some 30 million U.S. employees. The usual Chamber of Commerce types and “conservative” journalists have squawked, arguing that […]

The Bear’s Lair: I hate Ike

The reputations of past Presidents are continually being re-evaluated. Woodrow Wilson, a demi-god at the time of the 1944 film “Wilson,” has now been sharply downgraded by both left (for his racism) and right (for his rigid Progressivism and his share in the disastrous Versailles Treaty). Conversely, Harry Truman and Calvin Coolidge have been rehabilitated […]