America’s Pensions Can’t Beat Vanguard but They Can Close Your Hospital
Industrial & Innovation PolicyAmerica’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 builtDave DeekFeb 17, 202611ShareWhile 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 anyone with clear eyes to see. – Dean Baker Everyone who reads this publication knows what needs to get built. More grid transmission. More nuclear plants. More housing. More automated industrial…
