Walmart recession indicator is flashing red

03/31/2026 Notes in the Margin

The Walmart Recession Signal (WRS), which measures Walmart’s stock price against a basket of luxury stocks, shows high risk of a sharp economic downturn.

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Latest Articles

10th Annual Austrian Economics Meeting Europe: May 28-30 in Angers, France

03/31/2026 Power & Market Mises Institute

On May 28th, the 10th annual Austrian Economics Meeting Europe will be held at Western Catholic University in Angers, France.

Artificial Intelligence Hammers in the Final Nail in Karl Marx’s Coffin

03/31/2026 Mises Wire Andy Fischer

Marx built part of his system on the belief that capital would create the “great reserve army of the unemployed,” and modern Marxists have made the same claim about AI. However, we are seeing AI actually enhance the value of labor, not diminish it.

The Austrian Fix for the Manufactured Iranian Energy Crisis

03/31/2026 Power & Market Lucas Peters

The ongoing destruction of the world’s largest natural-gas reservoir at South Pars and Qatar has produced exactly what Austrian economics predicts: sudden, irreplaceable capital destruction followed by a violent supply shock.

Walter Williams Against Erasing Confederate History

03/30/2026 Mises Wire Wanjiru Njoya

When protesters began tearing down Confederate statues and markers in the summer of 2020, Walter Williams objected to what he called “statucide.” Such antics, he argued, would serve no purpose in advancing the best interests of black Americans.

Can the Market Economy Be Trusted?

03/30/2026 Mises Wire Frank Shostak

People claim to support economic intervention because the market cannot be trusted to be “stable” enough to keep the economy out of recessions. However, it is government itself, not the free market, which creates the instability in the first place.

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