Plug for LBO

Old Blog Import

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