Download or read book Political Crisis/fiscal Crisis written by Martin Shefter and published by Columbia University Press. This book was released on 1992 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the factors that caused New York City's financial crisis in 1975 and demonstrates how these manifestations of newly evolved political alliances and systems continue to undermine the city's financial stability. It shows how these problems, which are enduring features of the city's political system, are not unique to New York but a threat to the financial stability of most major American cities. The volume won the American Political Science Association's Award for the Best Book on Urban Policy.