How the CIA got the world to buy American during the Cold War.
…that is, the theory that the U.S. government has used the CIA to promote American corporate interests abroad. (The economists prefer the term “political influence hypothesis” to “economic hitman theory.”) Based on information from declassified documents detailing covert CIA operations during the Cold War, the social scientists find that Perkins’ claims are backed up by the numbers: Countries targeted for CIA political interventions started importing more U.S. products, a sign of American economic imperialism at work.The study by Berger and his colleagues is a product of the relatively young field of forensic economics, which aims to shed light on shadowy corners of the economic world that trade in much speculation but few verifiable facts. Forensic economists have applied their analytic techniques to expose shenanigans ranging from vote-trading by Olympic figure skating judges to insider trading to political favor-seeking by companies in America and around the world. All of this work is based on the insight…
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Industrial Espionage
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