April, 2020
The Political Economy of Foreign Intervention
Christopher Coyne
Associate Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and EconomicsGarrett Wood
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Foreign interventions occur when the government in one society attempts to fix perceived problems in another society, substituting the interveners' preferred state of affiars for the existing state of affairs. As the world's dominant economic and political force, the decision makers in the US government have historically employed foreign interventions to address a range of crises in a top-down manner.