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America's Pensions Can't Beat a Vanguard Account Or Finance a Transmission Line, But They Can Close Your Hospital

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$6 trillion in patient capital, $60+ billion in annual fees, and the infrastructure that never gets built

Industrial & Innovation Policy America's Pensions Can't Beat a Vanguard Account Or Finance a Transmission Line, But They Can Close Your Hospital $6 trillion in patient capital, $60+ billion in annual fees, and the infrastructure that never gets built Dave Deek Feb 17, 2026 16 3 7 Share While Cass is on target in pointing to the waste and abuse in the financial sector, the big question is where is the rest of the economics profession? Supposedly, eliminating waste and corruption was the mantra of “free trade” neo-liberals. But the massive waste and corruption in the financial sector is easy for

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