While you're there, check out the giant fly on the building behind the man with the umbrella. Most people miss it, and quite honestly, it is pretty gross. Interestingly I can't find any information about the creator or intent behind this monster, but then this is Prague!
The figure is either called "Horse", "Dead Horse" or "Saint Wenceslas" depending on which source you use and was created in 1999, but, as usual, Černý makes little comment about his work. However, I'm sure that the location of the statue, just a few hundred metres away from the more conventional monument to King Wenceslas in Václavské náměstí is no coincidence! I leave you to speculate on the meaning.
Remember - in Prague, it's often 'onwards and upwards'! If you know of any other upwardly mobile oddities, please leave a comment or drop me a note.