I don't fucking care about made up terms. If you can't see the actual economic growth (not some vague, theoretical fallacy) they create, you're just another moron in denial.
It's not a "made-up term", it's shorthand for a well-known argument. Not allowing re-usable arguments is like not allowing the use of libraries in software: It wastes time better spent on moving the frontier forward.
Well, to be honest, those old enough remember when cryptography was considered someting for the military and special services, and considering using encryption would put you under immediate suspicion. Now we can at least argue we need it to protect us from the cyber crime, even if we really have privacy and free speech in mind