#  The 2019 Stone Lecture in Economic Inequality: Emmanuel Saez 

 



##  The Triumph of Injustice  
 

 [   ![View poster](/sites/g/files/omnuum5566/files/styles/hwp_1_1__360x360_scale/public/inequality/files/event_poster_2019_10_28_saezb_500px.jpg?itok=1QznTPr-) 

 ](/file_url/2960)**Emmanuel Saez**  
Professor of Economics and Director of the Center for Equitable Growth  
University of California, Berkeley *With discussion led by*

 **Stefanie Stantcheva**  
Professor of Economics, Harvard University

 **Douglas Elmendorf** (Welcome)  
Dean, Harvard Kennedy School  
Don K. Price Professor of Public Policy  
  
**David J. Deming** (Introduction)  
Director, Malcolm Wiener Center for Social Policy  
Professor of Public Policy, Harvard Kennedy School

   
Monday, October 28 2019  
at Harvard Kennedy School

 **[View slides](/file_url/2990)** | **[photos](/2019-stone-lecture-emmanuel-saez#photos)** | **[poster](/file_url/2960)**   
  
[Harvard Crimson coverage](https://www.thecrimson.com/article/2019/10/29/hks-saez-ec-inequality/)  
by Jeromel D. Lara and Charles Xu

 **Jump to...**  
[The book](/2019-stone-lecture-emmanuel-saez#book)  
[Companion website](/2019-stone-lecture-emmanuel-saez#taxjusticenow)  
[Reviews](/2019-stone-lecture-emmanuel-saez#reviews)  
[Related media](/2019-stone-lecture-emmanuel-saez#learnmore)

#####  <a></a>Scroll down for photos  
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######    ![Emmanuel Saez](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/saez10.jpg?itok=csnE2Z9h) 

 

   ![Emmanuel Saez](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/saez12.jpg?itok=ktkmhW2e) 

 

  
   ![Emmanuel Saez](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/saez11.jpg?itok=wKneysMS) 

 

  
   ![Emmanuel Saez and Stefanie Stantcheva](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/stantcheva7.jpg?itok=XOYiwhXP) 

 

  
   ![Emmanuel Saez and Stefanie Stantcheva](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/stantcheva1.jpg?itok=ECMu-89i) 

 

  
   ![Emmanuel Saez](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/saez6.jpg?itok=SjpZZ6wf) 

 

  
   ![Emmanuel Saez and Stefanie Stantcheva](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/stantcheva3.jpg?itok=sjF1zSk0) 

 

  
   ![Emmanuel Saez and Stefanie Stantcheva](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/stantcheva8.jpg?itok=3kga9kk0) 

 

  
   ![Emmanuel Saez lecture](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/saezhd_charlesxu.jpg?itok=L5fHDrfC) 

 

  
   ![Emmanuel Saez book signing](/sites/g/files/omnuum5566/files/styles/hwp_1_1__720x720_scale/public/inequality/files/saezangbypeterblair.jpg?itok=C70HQTN7) 

 

  
Photo credits: Stone Lecture audience by Charles Xu, Harvard College and The Harvard Crimson.  
Book signing by Peter Q. Blair, Assistant Professor, Harvard Graduate School of Education.

   
<a></a>

Sort   ####  **[The Triumph of Injustice](https://wwnorton.com/books/9781324002727)   
[How the Rich Dodge Taxes and How to Make Them Pay](https://wwnorton.com/books/9781324002727)** 

   
By **Emmanuel Saez** and **Gabriel Zucman**  
W.W. Norton &amp; Company (Oct 15, 2019)

 

  [](https://wwnorton.com/books/9781324002727) 

 



 <a></a>

Sort   ####    
**Companion website** 

   
Design your own tax reform in this interactive website. Explore how adjusting various taxes can make the tax system more or less progressive. Or design a wealth tax and explore its effects on long-run inequality. Researchers will find all data, code, slides, FAQs, and technical appendices to the book.

 **[taxjusticenow.org ▶](https://taxjusticenow.org/#/)**

 

  [](https://taxjusticenow.org/#/) 

 



 <a></a>

Sort   ####    
Reviews  
 

 In 2018, for the first time in more than one hundred years, billionaires paid a lower tax rate than ordinary workers, crowning the dismantling of America’s system of progressive taxation. In this eye-opening book, Emmanuel Saez and Gabriel Zucman show that there is no iron law of economics that led us there, just many whose self-interest or misunderstanding of economics make them claim the opposite. Their radical proposal to reinvent taxation for a globalized world will become an unavoidable starting point to any intelligent conversation.  
  
— **Esther Duflo**, winner of the Nobel Prize in Economics and author of *Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty.*

   
America is tired with inequality and oligarchy. Armed with eye-popping new data, Emmanuel Saez and Gabriel Zucman reveal how tax injustice is fueling the oligarchic drift. But above all, they propose bold solutions to help America reconnect with its tradition of tax justice, from the taxation of extreme wealth and giant corporations to the funding of health care for all. This is a brilliantly argued book that is an essential contribution to the global economic and political debate of the twenty-first century.  
  
— **Thomas Piketty**, author of *Capital in the Twenty-First Century.*

   
\[T\]he most important book on government policy that I’ve read in a long time.  
  
— **David Leonhardt,** *The New York Times.*

 

 



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Sort   ####  Media  
 

 **[How to Tax Our Way Back to Justice](https://www.nytimes.com/2019/10/11/opinion/sunday/wealth-income-tax-rate.html)**  
By **Emmanuel Saez**   
and **Gabriel Zucman**  
The New York Times (Oct 11, 2019)

 **[The Rich Really Do Pay Lower Taxes Than You](https://www.nytimes.com/interactive/2019/10/06/opinion/income-tax-rate-wealthy.html)**  
By **David Leonhardt**  
The New York Times (Oct 6. 2019)

 

  [](https://www.piie.com/events/combating-inequality-rethinking-policies-reduce-inequality-advanced-economies)

 **[Combating Inequality: Rethinking Policies to Reduce Inequality in Advanced Economies](https://www.piie.com/events/combating-inequality-rethinking-policies-reduce-inequality-advanced-economies)**

 Conference organized by **Olivier Blanchard** (MIT) and **Dani Rodrik** (Harvard Kennedy School), Peterson Institute for International Economics (Oct 17-18, 2019).

 **Day 1**  
Session 1: The Landscape  
Session 2: Ethical and Philosophical Dimensions  
Session 3: Political Dimensions  
Session 4: The Distribution of Human Capital  
Session 5: Trade, Outsourcing, and Foreign Investment  
Session 6: The (Re)distribution of Financial Capital  
  
**Day 2**  
Session 1: Rate and Direction of Technological Change  
Session 2: Labor Market Policies, Institutions, and Norms  
Session 3: Labor Market Tools  
Session 4: Social Safety Nets  
Session 5: Progressive Taxation  
Concluding Remarks

 

 





 

  

 



 

 

 

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####  THE JAMES M. AND CATHLEEN D. STONE LECTURE IN ECONOMIC INEQUALITY 2019  


#####  [View slides](/file_url/2990) |[ ](http://piketty.pse.ens.fr/files/Piketty2018.pdf)[photos ](/2019-stone-lecture-emmanuel-saez#photos) | [poster](/file_url/2960)