Richard Werner’s Credit Creation “Experiment”: How Do Banks Create Money?
Werner’s experiment is dubious at best. He strawmaned the alternative theories and set up the experiment in such a way that only his preferred theory would be confirmed.
Mises Wire
How Private Banks Can Create Money, But Not Like the Fed Can
Bob breaks down the mechanics behind how commercial banks create money out of thin air—and why that power fuels economic booms and busts.
Tariffs Won’t Spawn Good Trade Deals
The media is spinning President Trump‘s “trade deals” as a “victory” for the White House. Yet, when we break down these “deals” into their particulars, we find that American producers and consumers will be worse off than before.
The Oklahoma City Bombing: A Lesson in Government Lawlessness
After the tragic 1995 Oklahoma City bombing, the FBI rolled out the usual “lone nut” narrative about who did it. However, much evidence exists to show that FBI informants and agents embedded with white supremacy groups may well have been involved.
The Trump-Putin Meeting: How We Got Here
The disheartening and frustrating fact is that Russia is in a much stronger negotiating position now than they were earlier in the war, when Western officials convinced Ukraine to walk away from peace talks and fight.
Federal Debt Surges in July as Trump’s Spending Spree Continues
DOGE has failed in its stated mission. Trump is no fiscal hawk. The Republican leadership in Congress—with Trump’s encouragement—will keep spending at record-breaking levels.
Etatism, Protectionism, and the Demand for Lebensraum
Having warned of the rise of national socialism and having fled the German army‘s march into Austria, Ludwig von Mises was in an excellent position to analyze Nazi economic doctrine.
The Silent War for Latin America: How the Foro de São Paulo Subverted Liberty from Within
From seminary classrooms to Supreme Courts, a network redefined justice, democracy, and freedom in the name of social control. Many goals of the Foro de São Paulo, launched in 1990 by Luiz Inácio Lula da Silva and Fidel Castro, sadly, are being realized.
The Trump-Putin Meeting: How We Got Here
The disheartening and frustrating fact is that Russia is in a much stronger negotiating position now than they were earlier in the war, when Western officials convinced Ukraine to walk away from peace talks and fight.
Harry Truman: Founding Father of the National Security State
Following World War II, President Truman helped produce the modern national security state by creating the Central Intelligence Agency. Only later did Truman regret what he did, as the CIA turned into a monster that could never be tamed.
