#43142
Mentioned in 1 episodes
Land of the fee
Hidden Costs and the Decline of the American Middle Class
Book • 2018
Devin Fergus's "Land of the Fee" examines the often-overlooked role of fees in exacerbating wealth inequality in America.
The book meticulously traces the evolution of fees across various sectors, from housing and education to transportation and employment, revealing how seemingly innocuous charges contribute to a massive transfer of wealth from the middle class to corporations.
Fergus argues that deregulation and lobbying efforts have created a system where fees are buried in complex agreements, leaving consumers vulnerable to exploitation.
The book's detailed analysis challenges conventional understandings of wealth inequality, highlighting the insidious impact of hidden costs on American society.
Ultimately, "Land of the Fee" serves as a wake-up call, urging readers to critically examine the financial transactions that shape their lives.
The book meticulously traces the evolution of fees across various sectors, from housing and education to transportation and employment, revealing how seemingly innocuous charges contribute to a massive transfer of wealth from the middle class to corporations.
Fergus argues that deregulation and lobbying efforts have created a system where fees are buried in complex agreements, leaving consumers vulnerable to exploitation.
The book's detailed analysis challenges conventional understandings of wealth inequality, highlighting the insidious impact of hidden costs on American society.
Ultimately, "Land of the Fee" serves as a wake-up call, urging readers to critically examine the financial transactions that shape their lives.
Mentioned by
Mentioned in 1 episodes
Mentioned by Matthew Johnson as the subject of the podcast episode, discussing the hidden costs and decline of the American middle class.
Devin Fergus, “Land of the Fee: Hidden Costs and the Decline of the American Middle Class” (Oxford UP, 2018)
Mentioned by Matthew Johnson as the subject of the podcast episode, discussing his book about the hidden costs and decline of the American middle class.
Devin Fergus, “Land of the Fee: Hidden Costs and the Decline of the American Middle Class” (Oxford UP, 2018)
