Is personal finance rigged against ordinary people? Economists John Campbell and Tarun Ramadorai argue the system rewards the wealthy and financially savvy at the expense of everyone else. 

Their book Fixed points to a troubling pattern: the fees you avoid by never overdrafting, or by refinancing on time, are paid for by people who don't, and they warn that the resulting resentment is fueling political discontent.

But there is a tension at the heart of their argument. They don't want the government running finance or setting prices, yet they call for far more muscular rules. So what exactly are they proposing, and why do they insist it would expand your choices rather than limit them?

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