Mises Institute
Friday, August 15, 2025
 
 
Richard Werner’s Credit Creation “Experiment”: How Do Banks Create Money?
Jonathan Newman
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.
 
READ MORE +
 
 
Tariffs Won’t Spawn Good Trade Deals
Vincent Cook
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.
 
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Trump Is Spending Taxpayer Money at Record Levels
 
DC math is truly magical.
 
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How Private Banks Can Create Money, But Not Like the Fed Can
 
Bob breaks down how commercial banks create money out of thin air.
 
LISTEN +
 
 
The Ambiguous Nationalism-Patriotism in Brazilian Politics
In both cases, the use of nationalism and patriotism by Brazilian governments reveals a recurring strategy: appealing to national pride to divert attention from self-inflicted crises.
 
read more
 
 
More Thoughts on the BRICS and Gold versus the US and the Dollar
The US and its Western allies may scoff at this challenge, but it only became possible due to high-handedness (to use the kindest word imaginable) and outright illegality of US actions.
 
read more
 
 
Energy Holodomor
At first glance, it might seem extreme—even offensive—to compare anti-fossil fuel climate policies to Stalin’s deliberate starvation of millions during the Holodomor. But in truth, the comparison may be unfair—to Stalin.
 
read more
 
 
 
 
 
Trumps DC “Takeover” and the Lessons of the OKC Bombing
 
Connor, Bill, and Tho examine how state overreach and political opportunism shape America’s crises.
 
WATCH NOW
 
 
 
 
Hayek for the 21st Century—Our New 100,000 Book Giveaway
 
Hayek for the 21st Century is a primer for the layperson, introducing a new generation of readers to Hayek’s writings and hopefully avoiding the 20th century’s mistakes in the 21st century.
 
GET YOUR FREE COPY TODAY +
 
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