Hubbard, James, 1949- :"...Once upon a time there lived a trickle down theory where the peasants shared the spoils of the rich plutocrats..." 6 January 2014

Hubbard, James, 1949- :"...Once upon a time there lived a trickle down theory where the peasants shared the spoils of the rich plutocrats..." 6 January 2014
Date
2014
Reference
DCDL-0027077
Description

Cartoons shows a man reading a bedtime story to his son from the storybook 'The Economy'. The story starts, "Once upon a time there lived a trickle down theory where the peasants shared the spoils of the rich plutocrats". Refers to application of the trickle-down theory to the New Zealand economy by reducing the top tax-rate in order to allow richer people to invest more in the economy and increase the wealth of less well-off citizens. However, as inequality is increasing in New Zealand this theory is widely believed to be false.

Quantity: 1 digital cartoon(s).

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Part of
Hubbard, James, 1949-: Digital caricatures and cartoons
Format
1 digital cartoon(s), Works of art, Digital images, Cartoons (Commentary)
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Hubbard, James, 1949- :"...Once upon a time there lived a trickle down theory where the peasants shared the spoils of the rich plutocrats..." 6 January 2014. Hubbard, James, 1949-: Digital caricatures and cartoons. Ref: DCDL-0027077. Alexander Turnbull Library, Wellington, New Zealand. /records/32977337

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