When the economy is doing well, skirts get shorter: more than a hundred years ago, economists discovered that social phenomena can predict the rise and fall of a country. Why this is so and which bizarre economic indicators – from lipstick to men’s underwear and dating apps – still exist: Krone+ knows all about it.
In 1926, the American economist Wharton Taylor first postulated the “skirt hem theory”, according to which phases of economic recovery lead to a decrease in the average length of skirts and suits worn by women, and vice versa. A study eighty years later we know: Taylor was right, even if the effect was not immediate.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
