In America, inequalities have spiraled out of control due to an utterly unfair tax system. For the first time in a hundred years, American billionaires pay the least taxes relative to their income compared to any other social group, while American working-class citizens pay the most. "The Triumph of Injustice," a work by two economists who revolutionized the study of inequalities, thoroughly and accurately examines this great and dramatic upheaval. Combining the study of historical data with the most advanced methods of economic analysis, writing in a lively language that avoids incomprehensible technical jargon, Saez and Zucman dissect the conscious choices (and sinful indecision) that have led us to the current situation: from the gradual reduction of capital taxation to the rise of the tax avoidance industry, passing through the mechanisms of tax competition between different countries. With clarity and simplicity, they explain how the U.S. abandoned the most progressive tax system history has ever known and adopted policies that only serve to increase the wealth of the few. If Europe is not to follow the frenzied path towards inequalities and the strengthening of oligarchies that brought Trump to power, it is urgently necessary to draw lessons from this development. Because, if this phenomenon was extreme on the other side of the Atlantic, the reduction of tax progressivity in conditions of rising inequalities is not only found in the U.S., thus requiring solutions at a global level. However, "The Triumph of Injustice" is much more than a sharp analysis of a great political and intellectual failure of our times. Saez and Zucman propose a new tax system in a visionary, democratic, and practical way, describing the reforms that would allow tax justice to triumph in today's globalized world, and democracy to prevail over concentrated wealth. *** America is tired of inequalities and oligarchy. Armed with shocking new data, Emmanuel Saez and Gabriel Zucman reveal how tax injustice fuels the drift towards oligarchy. Most importantly, they propose bold solutions that will help America reconnect with its long tradition of tax justice—from taxing extreme wealth and giant corporations to funding healthcare for all. This is a book with intelligent arguments, a very important contribution to the global economic and political discussion of the 21st century. Thomas Piketty "The Triumph of Injustice" is a groundbreaking work that reveals the diabolical driving force of the enormous and ever-increasing inequality in America: an unfair and inversely progressive tax policy and a tax avoidance industry that serves the rich at the expense of everyone else. If we do not reverse this distorted regime—where ordinary workers contribute a larger percentage of their income than the wealthiest Americans—we cannot hope to solve our greatest social problems.

Anyone who hopes for a better future for the everyday person in America must read this book. Joseph E. Stiglitz The most important book on public policy I have read in a long time. David Leonhardt In 2018, for the first time in over a century, billionaires paid taxes at a lower rate than ordinary workers: thus completing the dismantling of the progressive tax system in the U.S. In this eye-opening book, Emmanuel Saez and Gabriel Zucman demonstrate that it is not some iron law of Economics that brought us here, but those who, out of self-interest or misunderstanding of Economics, claim otherwise. Their radical proposal, to reinvent taxation for a globalized world, will become the inevitable starting point for any meaningful discussion in the future. Esther Duflo *** Emmanuel Saez was born in 1972 in Spain. He studied mathematics at the École Normale Supérieure and economics at the EHESS-École d’économie de Paris. In 1999, he was awarded a Ph.D. in economics from MIT. He is a professor at the University of Berkeley, where he has been teaching since 2002. He has also taught as an assistant professor at Harvard University (2002). In 2009, he was honored with the John Bates Clark Medal, in 2010 with the award for the best young economist in France, and in 2014 with the H.C. Recktenwald Prize. *** Gabriel Zucman was born in 1986 in Paris. He studied social sciences at the École Normale Supérieure and economics at the École d’économie de Paris. A student of Thomas Piketty, in 2013 he was awarded a Ph.D. in Economics from EHESS. He completed postdoctoral studies at the University of Berkeley and in 2014 was elected assistant professor at the London School of Economics. In 2015, he was elected assistant professor at the University of Berkeley and in 2019 permanent associate professor at the same University, while he has also taught at Stanford University. In 2018, he was honored with the award for the best young economist in France and in 2019 with the Bernacer Prize. His book The Hidden Wealth of Nations (Pediο, 2015) is also available in Greek