Journals Higher Education



Published: 13 August 2018

264 Pages

6-1/8 x 9-1/4 inches

ISBN: 9780199970162

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Bookseller Code (02)

Land of the Fee

Hidden Costs and the Decline of the American Middle Class

Devin Fergus

  • Exposes the cumulative effect fees have on wealth redistribution from the poor and middle classes to wealthy corporations
  • Traces the history of fees from the deregulation era of the 1970s to the present, tracking its effect on growing inequality in the US
  • Argues that corporations employ "trick-and-trap" fees by hiding them in the complicated terms of agreement that accompany many consumer transactions, which effectively trick consumers into unknowingly paying exorbitant costs

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