Radix: Do we need to increase taxes to pay for Covid Debt?

In this first episode of the news podcast series from Radix, we debate whether Britain will need to increase taxes to pay for Covid debt. It's a recording of a live event – our most successful to date - in which we have Randy Wray, one of the main proponents of Modern Monetary Theory, a controversial but increasingly influential school of economic thought, and Paul de Grauwe, a leading mainstream economist. We actually end up with a civil agreement; that we don't need to increase taxes at least for the time being, but to get there we civilly disagree about how the economy actually works. Civil Disagreement podcast is produced by Radix www.radix.org and distributed by The Real Agenda Network www.realagenda.org