A discussion on Detroit's unprecedented municipal bankruptcy and its implications for urban finance, pensions, and the future of American cities. Speakers include Gilles Duranton, Professor of Real Estate and Chair of Real Estate Department, Wharton School; Robert P. Inman, Richard K. Mellon Professor of Finance, Economics, and Public Policy, Wharton School; Jeremy Nowak, President of J Nowak and Associates, LLC and chair of the board of the Federal Reserve Bank of Philadelphia; and Thomas J. Sugrue, David Boies Professor of History and Sociology and Director of the Penn’s SSPF. Moderated by Susan M. Wachter Co-Director of Penn IUR.

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