Story: Economic thought

Social Credit pamphlet

Social Credit pamphlet

Social Credit appealed to people who believed that banks and other financial interests conspired against producers and workers, but there was no significant economic thinking behind this theory. Social Credit's conspiracy theories appealed to a minority of New Zealanders but were rubbished by Alan Danks, professor of economics at Canterbury.

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How to cite this page:

Gary Hawke, 'Economic thought - 1930s economic depression', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/ephemera/22313/social-credit-pamphlet (accessed 6 December 2019)

Story by Gary Hawke, published 11 Mar 2010