iTulip intellectual property theft incident #384395647

[metalman]

"I am very concerned about the long-term implications of the currency peg," said Tim Seymour, who manages an international hedge fund and founded Emergingmoney.com. "Mutually-assured economic destruction, or worse, is where we are headed because China and the U.S. are still the most dominant economies in the world."

http://finance.yahoo.com/news/Forget...&asset=&ccode=

shit... a whole passel of plagiarists ripped that one off!

Mutually-assured economic destruction

[LargoWinch]

Re: iTulip intellectual property theft incident #384395647

Didn't you notice? Tim is a '$$$ Fast Money $$$' -->trader<--!

That allows him to browse the web and steal other people' ideas. Its kinda like an "intellectual licence to kill" of the internet age.

[pianodoctor]

Re: iTulip intellectual property theft incident #384395647

I listen a lot to an L.A. news radio station called KNX 1070. They have a daily show at market closing called Business Hour which is a series of interviews with various 'market experts' with assorted perspectives. Some are a-holes, others decent. But these days, every so often I hear E.J.s words or 'words to that effect' coming out of some of the various experts. It used to be I never heard anything like that at all, with the possible exception of Axel Merk, who is certainly no E.J. plagiarist, but an honest guy with some degree of overlap in perspective. Yes, E.J. is 'catching on'- but sometimes without due credit given.

[metalman]

Re: iTulip intellectual property theft incident #384395647

I listen a lot to an L.A. news radio station called KNX 1070. They have a daily show at market closing called Business Hour which is a series of interviews with various 'market experts' with assorted perspectives. Some are a-holes, others decent. But these days, every so often I hear E.J.s words or 'words to that effect' coming out of some of the various experts. It used to be I never heard anything like that at all, with the possible exception of Axel Merk, who is certainly no E.J. plagiarist, but an honest guy with some degree of overlap in perspective. Yes, E.J. is 'catching on'- but sometimes without due credit given.

cuts both ways...

A FIRE economy is any economy based primarily on the paper intensive sectors of Finance, Insurance, and Real Estate (FIRE). The term is credited to Eric Janszen.^[1]

http://en.wikipedia.org/wiki/FIRE_economy

ej credits michael hudson!

the difference?

ej is honest.

[ThePythonicCow]

Re: iTulip intellectual property theft incident #384395647

http://en.wikipedia.org/wiki/FIRE_economy

ej credits michael hudson!

EJ doesn't always credit Hudson. For example, in that Wikipedia article, it provides as a reference EJ's 2008 article in Harpers, The Next Bubble. EJ does describe FIRE in that article. However I see no mention by EJ of Hudson in that article. So not even EJ always credits others (grin).

Metalman -- do you have a reference for EJ crediting Hudson for "FIRE"? If you do, then you, or I, could update that Wiki page. Proper credits are important, and you or I can do our part!

[metalman]

Re: iTulip intellectual property theft incident #384395647

EJ doesn't always credit Hudson. For example, in that Wikipedia article, it provides as a reference EJ's 2008 article in Harpers, The Next Bubble. EJ does describe FIRE in that article. However I see no mention by EJ of Hudson in that article. So not even EJ always credits others (grin).

Metalman -- do you have a reference for EJ crediting Hudson for "FIRE"? If you do, then you, or I, could update that Wiki page. Proper credits are important, and you or I can do our part!

a writer can't always credit the source of an idea... but ej does site hudson frequently... mucho cases if you google it... & these guys who talk mutually assured econ destruction & toxic credit etc. never site the source.

[Rajiv]

Re: iTulip intellectual property theft incident #384395647

do you have a reference for EJ crediting Hudson for "FIRE"? If you do, then you, or I, could update that Wiki page. Proper credits are important, and you or I can do our part!

I believe the original acknowledgement may have been here, though there could have been an earlier reference.

Eric also acknowledges Hudson's contribution here

Who originated the concept of the FIRE Economy?

Bill Gross of PIMCO discussed the concept of an economy based on finance versus production using the term "Finance Based Economy" in 2006. Political commentator Kevin Phillips and economist Dr. Michael Hudson used the term "FIRE Economy" to describe a similar concept, also 2006. Hudson offers by far the most rigorous explanation of the FIRE Economy, such as in his 2006 article Saving, Asset-Price Inflation, and Debt-Induced Deflation.

[ThePythonicCow]

Re: iTulip intellectual property theft incident #384395647

mucho cases if you google it...

When it comes to looking for EJ citations, asking metalman beats asking google anytime!

[ThePythonicCow]

Re: iTulip intellectual property theft incident #384395647

I believe the original acknowledgement may have been here, though there could have been an earlier reference.

Eric also acknowledges Hudson's contribution here

Thanks, Rajiv. I updated the Wiki page at http://en.wikipedia.org/wiki/FIRE_economy to acknowledge Michael Hudson as well.

[Slimprofits]

Re: iTulip intellectual property theft incident #384395647

This term is used in the financial press and blogs; its origin is in the realm of North American industrial classification. "Finance, Insurance, and Real Estate" is the title of 1992 U.S. Census Bureau Standard Industrial Classification (SIC) Division H. Its coverage was "All domestic establishments that provide financial, insurance, or real estate services."

The origin is most certainly not a U.S. Census report from 1992.

I've posted this here before and if you look at the list of sources at the bottom of the Wikipedia page, Barry Popik's name is mentioned.

http://www.barrypopik.com/index.php/...l_educational/

21 October 1982, Washington Post, "New York, Once Nearly Bankrupt, Rides Manhattan's Boom" by Joyce Wadler, pg. A2:
In recent years, 160,000 jobs have been added in the "fire" section: finance, insurance, and real estate.

[ThePythonicCow]

Re: iTulip intellectual property theft incident #384395647

The origin is most certainly not a U.S. Census report from 1992.

I've posted this here before and if you look at the list of sources at the bottom of the Wikipedia page, Barry Popik's name is mentioned.

http://www.barrypopik.com/index.php/...l_educational/

Thanks for pointing that out, babbittd. I revised the Wiki page again, hopefully a bit more accurately this time.

[Master Shake]

Re: iTulip intellectual property theft incident #384395647

Do you have a poster of EJ on your bedroom wall?

[flintlock]

Re: iTulip intellectual property theft incident #384395647

Do you have a poster of EJ on your bedroom wall?

Ceiling.

[metalman]

Re: iTulip intellectual property theft incident #384395647

The origin is most certainly not a U.S. Census report from 1992.

I've posted this here before and if you look at the list of sources at the bottom of the Wikipedia page, Barry Popik's name is mentioned.

http://www.barrypopik.com/index.php/...l_educational/

21 October 1982, Washington Post, "New York, Once Nearly Bankrupt, Rides Manhattan's Boom" by Joyce Wadler, pg. A2:
In recent years, 160,000 jobs have been added in the "fire" section: finance, insurance, and real estate.

not quite... 'f.i.r.e.' is an officially designated sector of the economy... in the bls reports since forever. the new construction (hudson? phillips? ) is 'fire economy'... designates an economic system separate from the production/consumption economy not a sector of the p/c economy.

[metalman]

Re: iTulip intellectual property theft incident #384395647

Thanks, Rajiv. I updated the Wiki page at http://en.wikipedia.org/wiki/FIRE_economy to acknowledge Michael Hudson as well.

not quite... 'f.i.r.e.' is an officially designated sector of the economy... in the bls reports since forever. the new construction (hudson? phillips? ) is 'fire economy'... designates an economic system separate from the production/consumption economy not a sector of the p/c economy.

popularized by eric janszen? not invented.

now add a wikipedia entry for 'mutually assured economic destruction' and cite the first use... http://www.itulip.com/economicMAD.htm

invented by eric janszen.

for those of you who are software engineers & not writers, how'd you like it someone copypasta your code & sold it as theirs? no likey, right?