198. Inside Washington’s lobbying industry

Exploring the role of lobbying in shaping economic policy, the podcast discusses the public's lack of knowledge and negative perception of lobbying. It explores the theories of political influence and their impact on economic policy and compares lobbying with campaign contributions. The podcast also delves into the difficulties in measuring the influence of lobbying and highlights the value of generalist lobbyists and their political connections. It analyzes client firms and the industries that are more represented in lobbying.