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    Oscar Fox and Lewis Crane discuss why beloved Madison restaurants are closing in this week's Mendota Marsh.

      Critics have argued that the Inflation Reduction Act -- which Joe Biden just signed into law -- won't do much to address inflation. That might be true. But there's only so much Biden can do to reduce inflation which is affecting every corner of the Earth right now. The new bill will actually be the most significant investment against climate change our nation has ever made, and that is worth celebrating.聽

      The political realignment has come for economics. At least since the days of Friedrich Hayek and John Maynard Keynes in the last century, the divide in economic thinking roughly corresponded to the political split. In the mainstream, everyone was a capitalist and saw some role for government. The right/left divide was mostly over how big that role should be.

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