The rebuttal speech few saw

MMT is not a new concept. Keynes referred to it for heaven's sake!

Well, there ya go! ;)

Keynes got it wrong. He's a blessing to those that want to wage wars and implement social programs without paying for it and he's loved by those that seek central control. But for those that must deal with the fallout of such immoral spending and meddling, he's only aided history's tyrants.

[ame=http://www.amazon.com/Where-Keynes-Went-Wrong-Governments/dp/1604190442]Where Keynes Went Wrong: And Why World Governments Keep Creating Inflation, Bubbles, and Busts: Hunter Lewis: 9781604190441: Amazon.com: Books[/ame]

Ayup. But Keynes doesn't care. In the long run, he died.
 

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