Story: Economic thought

Horse to water

Horse to water

Economists are often at odds with government economic policy and their advice is frequently ignored. This cartoon shows Frank Holmes, an economist at Victoria University, who was chair of the New Zealand Planning Council. He is shown explaining to the New Zealand public the reluctance of the horse (Prime Minister Robert Muldoon) to take up the council’s advice.

Using this item

Alexander Turnbull Library
Reference: A-289-027
Cartoon by Sid Scales

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

Gary Hawke, 'Economic thought - Global economic thinking', Te Ara - the Encyclopedia of New Zealand, (accessed 18 May 2022)

Story by Gary Hawke, published 11 Mar 2010