January/February 2009 Table of Contents

The Specter of Capital Flight

By Marie Duggan

In the 1990s and early 2000s, many emerging markets—including Mexico, Thailand, and Argentina—endured severe financial crises that began with capital flight. The special status of the dollar has protected the United States from such capital flight—so far. Read more »
The New Political Economy of Immigration

By Tom Barry

Since 9/11, immigrants have become America’s most wanted—good news for the private firms and local governments that profit from their detention. Read more »
From Tulips to Mortgage-Backed Securities

By Gerald Friedman

There is a sense of inevitability about the manias and panics of capitalist financial markets. The problem is that financial markets trade in unknown and unknowable future returns. Lacking real information, they are inevitably driven by the madness of crowds. Read more »
35 Years, 280 Issues, 8 Designs

As D&S enters its 35th year and revises its design, a survey of the magazine's look since the 1970s. Read more (and click to enlarge) »

Available only in the print edition:

Hooked on Hydrocarbons?

By Maurice Dufour

Big oil plans to feed the world’s petrolium habit by tapping Canada’s oil sands. | Order this issue or subscribe.

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