Broke

Bankruptcy and the austerity it represents have become a common “solution” for struggling American cities. What do the spending cuts and limited resources do to the lives of city residents? In Broke: Hardship and Resilience in a City of Broken Promises (St. Martin’s Press, New York Times Editor’s Choice, Michigan Notable Book Award, Tillie Olsen Award, J. Anthony Lukas Prize shortlist, Kirkus starred review), Jodie Adams Kirshner follows seven Detroiters as they navigate life during and after their city’s bankruptcy. Reggie loses his savings trying to make a habitable home for his family. Cindy fights drug use, prostitution, and dumping on her block. Lola commutes two hours a day to her suburban job. Even before the bankruptcy in 2013, they struggled with the larger ramifications of poor urban policies and negligence on the state and federal level—the root causes of a city’s fiscal demise.

Like Matthew Desmond’s Evicted, Broke looks at what municipal distress means, not just on paper but in practical—and personal—terms. More than 40 percent of Detroit’s 700,000 residents fall below the poverty line. Post-bankruptcy, they struggle with a broken real estate market, school system, and job market—and their lives have not improved.

Detroit is emblematic. Broke makes a powerful argument that cities—the economic engine of America—are never quite given the aid that they need by either the state or federal government for their residents to survive, not to mention flourish. Success for all America’s citizens depends on equity of opportunity.

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Oct 01,2020

The Michigan Historical Review Reviews

Broke: Hardship and Resilience in a City of Broken Promises

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Jun 22,2016

Jodie Adams Kirshner Joins NYU Marron Institute

with Funding Support from the Kresge Foundation

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Leader: Jodie Adams Kirshner

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Jodie Adams Kirshner
Research Professor / Director's Office Labs

Jodie Adams Kirshner is a Research Professor at the NYU Marron Institute, where she launched and leads a new economic mobility program. Her work blends in-depth legal and policy analysis with human-centered storytelling to reveal the lived realities behind structural inequality in America. She has been widely published in major publications, including the New York Times, the Atlantic, the Financial Times, the Los Angeles Times, the Boston Globe, the American Prospect, the Hill, the Daily Beast, the Washington MonthlyForbes, and the Christian Science Monitor. Jodie has been interviewed about her work in many diverse outlets, including NPR’s Morning Edition, the BBC, C-SPAN, the Aspen Institute, the American Academy of Arts and Sciences and the Hunt Institute.

Kirshner is also the author of Broke: Hardship and Resilience in a City of Broken Promises (St. Martin’s Press, 2019), a narrative nonfiction book chronicling Detroit’s bankruptcy ordeal and the effect it had on the most vulnerable. Broke was one of five finalists for the J. Anthony Lukas Award and was designated a New York Times Book Review Editor’s Choice. The book won the Tillie Olsen Award, was named a Michigan Notable Book, and received a starred review from Kirkus and favorable coverage in outlets including The New York Times and NPR’s Morning Edition. The research was supported by the Kresge Foundation.

Kirshner joined NYU from Cambridge University, in England, where she was a law professor, the deputy director of the LL.M. program and the Centre for Corporate and Commercial Law, and a fellow of Peterhouse College. From 2014-19 she taught a bankruptcy law seminar at Columbia Law School and authored the academic volume International Bankruptcy: The Challenge of Insolvency in a Global Economy (University of Chicago Press, 2018). 

After receiving her undergraduate degree from Harvard, Kirshner studied both law and journalism at Columbia University and was a Fulbright Scholar at Oxford University. She completed postdoctoral fellowships at the London Business School and the Max Planck Institute for Comparative and International Law. Among other affiliations, she has served as a technical advisor to the Bank for International Settlements, is an elected member of the American Law Institute, a fellow of the American Bar Foundation and of the Salzburg Global Seminar, a member of the Century Association, and former term member of the Council on Foreign Relations. She is admitted to the New York Bar.

Kirshner’s current projects, supported by the ECMC, Kresge, Lumina, and Ascendium Foundations, include two forthcoming books for a general audience. One, The Small-Dollar Solution (The New Press, TBD) explores the impact of unexpected financial shocks on young adults and the limits of existing aid systems. The book will coin the term “microfunding” for small, emergency payments delivered quickly at the critical stage of late adolescence when individuals are most likely to break the cycle of poverty. Her other project documents people in the southern coalfields of West Virginia caught in the crosshairs of economic peril and promise as the old, coal-based energy economy transitions to a new, greener one. Her op-ed based on her initial work appeared in the Financial Times and was selected for its One Must-Read daily newsletter, while her feature article on the human and economic impacts of the end of solar subsidies in the Inflation Reduction Act appeared in the American Prospect.