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Monday, October 6, 2008

Output is Welfare


"The US average growth rate of real per capita incomes over the last 190 years has been 1.8% a year, and the same rate over the last 10 years has been…. 1.8% a year."

(Hat tip to Chris Blattman.)

Posted by Jerry Neumann at 7:08 PM  

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Jerry Neumann
I invest in early stage companies through Neu Venture Capital. Right now I'm in: 33Across, Awe.sm, Datadog, Datahero, Flurry, Granify, Karma, Little Borrowed Dress, Magnetic, Media Armor, Metamarkets, Optim.al, Percolate, PerformLine, PlaceIQ, Powhow, Premise, Profitab.ly, Simple, The Trade Desk, Tuition.io, Ufora, and Yieldbot. I am an advisor to BigML, Ginzametrics, Luma Partners, and Sociocast. Two other portfolio companies were sold: Lucky Sort to Twitter and Handipoints to Slide/Google.

When reading, keep in mind that I have so many conflicts of interest that I have conflicts in places where other people don't even have interests.

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