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Teaching the public about lobbying and its effects on financial institutions that help run the economy in which we all live and use.
Is lobbying bad for the economy?
In the graveyard of economic ideology, dead ideas still stalk the land.
The recent financial crisis laid bare many of the assumptions behind market liberalism—the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe.
Zombie Economics Gerald Friedman UMassEconomics University of Massachusetts at Amherst Great Recession Lectures
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