Month: September 2024

The Bear’s Lair: Ever since Peel, the cheap labor lobby ruins lives

Jamie McGregor of McGregor Metal in Springfield OH. openly welcomed the opportunity to employ Haitian refugee immigrants for wages far below what he would pay domestic labor. In that, he is typical of the cheap labor lobby ever since Sir Robert Peel (1750-1830), father and son. The low wage lobby is destroying our societies and […]

The Bear’s Lair: The British Leylands in our Midst

In my youth, the British automobile company British Leyland was an iconic example of what was wrong with Britain before the advent of Margaret Thatcher. It had merged most of the British automobile industry with government encouragement, only to achieve zero economies of scale, ever-worsening product quality, ever-increasing losses that caused it to enter public […]

The Bear’s Lair: Fire the Life Peers, not the Hereditaries!

Keir Starmer has announced that he will introduce legislation to remove the last remaining voting rights of the 92 hereditary peers remaining in the House of Lords after Tony Blair’s 1998 massacre. In terms of legislative quality, this is a travesty. The innumerable “life peers” pushed into the Lords by Blair and his successors are […]

The Bear’s Lair: The Ministry of Silly Ideas

Kamala Harris has proposed a 25% “Kamala Tax” on unrealized capital gains, applicable to all those with more than $100 million net worth, while removing the differential between income tax and capital gains tax rates for the rest of us. Since the inflation her policies will inevitably cause would push us all into the $100 […]

The Bear’s Lair: When does a democracy stop being a democracy?

Democracy is an imperfect form of government – no question. As the 1784-1830 Tories successfully demonstrated, a property franchise with a low qualification is a much better way of selecting representatives, but since that is not one-man-one-vote, it is not technically a democracy. Yet genuine democracy, while it often leads to sub-optimal economic policy, nevertheless […]