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The Hemline Index is a theory presented by economist George Taylor in 1926.[1][2][3]
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)[4], or in poor economic times, as shown by the 1929 Wall Street Crash, hems can drop almost overnight.
Desmond Morris revisited the theory in his book The Naked Ape.
References
- ^ Tamar Lewin, The hemline index, updated, International Herald Tribune, October 19, 2008
- ^ Irene Moustakas, "Economic Theory: 'The Hemline Index'", Loans by Irene - Granite Financial (Blog), August 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
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