When States Go Broke: The Origins, Context, and Solutions for the American States in Fiscal Crisis discusses the problem of fiscal crises in American states and the best way to meet the political and fiscal challenges they present. The book features insights from leading scholars in a variety of disciplines, and facilitates debate about the origin and context of the crises, and what regimes bankrupt states should adopt.
Author David Skeel, the S. Samuel Arsht Professor of Corporate Law at the University of Pennsylvania Law School, is joined by critical commenter Richard Hynes, Professor of Law and Director of John M. Olin Program in Law and Economics at the University of Virginia School of Law, to discuss the book.