One of the more interesting newsletters I receive is called the “Left Business Observer”. It is a soidly Keynesian account of the current economy from the editorial desk of Doug Henwood. He is also the author of Wall Street: How It Works and for Whom, which is quite demystifying.
Unfortunately, LBO is not freely available on the web and requires a subscription. But here is a sample of what is in the current issue.
In an article on the question of globalization:
“The stats suggest that hyperglobal theory is running ahead of events. U.S. MNCs
