Abstract
IN 1926, ECONOMIST GEORGE TAYLOR came up with a delightfully simple indicator for the health of the economy: the higher the hemline, the higher the stock market. And, at least for the next 50 years or so, he was pretty much on the money. In the early 1930s, in the depths of the Great Depression, hemlines plummeted to ankle length, rising slowly toward knee-level during the Second World War, before soaring to the dizzy heights of the miniskirt in the mid-1960s.
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© 2014 Peter Andrews and Fiona Wood
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Andrews, P., Wood, F. (2014). Sofas, Spirits and Skirts. In: Überpreneurs. Palgrave Macmillan, London. https://doi.org/10.1057/9781137376152_2
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DOI: https://doi.org/10.1057/9781137376152_2
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