Mar 18, 12 •
218 Views •
Behavioral Economics, Economic History, Households, Labor, Macroeconomic Measurement, Uncategorized •
Elaine Schwartz •
If you see women in long skirts at “sit-down” restaurants, then the economy is probably expanding. Since 1926 when the hemline index was first expressed, economists have assumed that hemlines fall if the economy contracts and rise during
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