CEP News: BBC News: Who to trust - business leaders or economists?

BBC News:
Who to trust - business leaders or economists?

1 April 2015

John Van Reenen of the LSE, who also disagreed with austerity, said ''UK GDP is about 15 percent below where we would have expected on pre-crisis trends... Premature austerity has damaged UK welfare and, as I and others argued at the time, delaying consolidation would have left the UK in a much stronger position than it is today.''

This article was published online by BBC News on April 1, 2015
Link to article here

Related publications
'Austerity: Growth Costs and Post-Election Plans', John Van Reenen, CEP 2015 Election Analyses Series, March 2015
Details

Related links
John Van Reenen webpage
Productivity and Innovation Programme webpage

BBC News:Who to trust - business leaders or economists?

BBC News:
Who to trust - business leaders or economists?