Hemline index
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The Hemline Index is a theory presented by economist George Taylor in 1926.[1][2]
The theory suggests that hemlines on women's dresses rise along with stock prices. In good economies, we get such results as miniskirts (as seen in the 1960s),[3] or in poor economic times, as shown by the 1929 Wall Street Crash, hems can drop almost overnight. Recent (non-peer reviewed) research confirms the correlation.[4]
Desmond Morris revisited the theory in his book The Naked Ape and the theory was also the topic of a question on the BBC Panel Show QI in 2010.[citation needed]
References [edit]
- ^ Tamar Lewin, The hemline index, updated, International Herald Tribune, October 19, 2008
- ^ See also Henrietta Prast "Fashionomics", Wilmott Magazine, June 2005, who cites Paul Nystrom in his 1928 monograph, The Economics of Fashion as the source of the theory.
- ^ Claire Brayford, "The Hemline Economy", Daily Express, February 13, 2008
- ^ http://publishing.eur.nl/ir/repub/asset/20147/EI%202010-40.pdf
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