Here’s your Plan B, Mr Osborne

Nine of the world's leading economists offer an alternative to the coalition's austerity measures.

Nine of the world's leading economists offer an alternative to the coalition's austerity measures.

The coalition claims there is no alternative to austerity. Below, nine leading economists, including a Nobel Prizewinner and one of the Chancellor's own advisers, say that's wrong -- and offer a different path. You can read their open letters to the Chancellor here:

Cut VAT back to 17.5 per cent
Christopher Pissarides

Agree financial transaction tax
Jeffrey Sachs

Reduce NI contributions
David Blanchflower

Print money for the public
Sushil Wadhwani

Start a national investment bank
Robert Skidelsky

Lift the cap on immigration
Jonathan Portes

Lend directly to small businesses
George Magnus

Launch a green new deal
Ann Pettifor

Set up a recovery fund
Christopher Allsopp

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