Article
How Capitalism Reduces Poverty And Creates Wealth
How Capitalism Reduces Poverty And Creates Wealth
Authored by James T. Moodey via American Thinker,
The word capitalism was coined in the 1700s. The definition was vague. It generally meant "private property traded freely" or "free markets." However, most non-totalitarian countries had free markets, and these countries in Europe and elsewhere were not particularly wealthy. Their rural people were paupers living off the land, even in England, France, and the U.S. at our founding.
We generally regard capitalism as creating wealth, but free markets are not what created the enormous wealth that...
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Jul 6, 2026 / Tyler Durden
Biden's Illegal Alien Invasion Sparked 30% Home Price Growth, 20% Rent Growth: Fed Paper
Biden's Illegal Alien Invasion Sparked 30% Home Price Growth, 20% Rent Growth: Fed Paper
A new Federal Reserve working paper adds hard data to a dire economic realities that tens of millions of hardworking Americans already face: being priced out of homeownership or trapped paying ungodly high rents.
For years, the housing affordability crisis was blamed almost entirely on low interest rates, pandemic-era demand, institutional buyers, and a shortage of new construction. However, one major point was largely and conveniently ignored by mainstream media: the Biden-Harris regime's open border policies, which...
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Aug 14, 2026 / Tyler Durden
JPMorgan Debanks Polymarket Over Regulatory Concerns; Report
JPMorgan Debanks Polymarket Over Regulatory Concerns; Report
Authored by Zoltan Vardai via CoinTelegraph.com,
JPMorgan Chase ended a banking relationship with Polymarket over regulatory concerns, according to the Financial Times.
JPMorgan notified the prediction market platform in October 2025 that it needed to find a new bank, the Financial Times reported Friday, citing people familiar with the matter.
Polymarket now works with an unidentified lender.
Still, JPMorgan has maintained other ties with Polymarket. The bank is allegedly keen on a potential underwriting role should Polymarket attempt to go public.
Polymarket reportedly said that it continues to have a “close,...
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Jul 22, 2026 / Tyler Durden
Fifth Circuit To Rehear Drug Trafficker's Second Amendment Challenge
Fifth Circuit To Rehear Drug Trafficker's Second Amendment Challenge
Authored by Matthew Vadum via The Epoch Times,
A federal appeals court voted to rehear a constitutional challenge to a federal law that prevents felons from possessing guns, weeks after Supreme Court Justice Clarence Thomas said he hoped a lower court would consider the law's constitutionality.
Supreme Court Associate Justice Clarence Thomas poses for an official portrait at the East Conference Room of the Supreme Court building in Washington on Oct. 7, 2022. Alex Wong/Getty Images
The July 20 decision by the U.S. Court...
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