Hemline index
Encyclopedia
The Hemline Index is a theory presented by economist George Taylor
George W. Taylor (professor)
George W. Taylor was a notable professor of industrial relations at the Wharton School at the University of Pennsylvania, and is credited with founding the academic field of study known as industrial relations. He served in several capacities in the federal government, most notably as a mediator...

 in 1926. Recent research suggests it is valid.

The theory suggests that hemline
Hemline
The hemline is the line formed by the lower edge of a garment, such as a skirt, dress or coat, measured from the floor.The hemline is perhaps the most variable style line in fashion, changing shape and ranging in height from hip-high to floor-length...

s on women's dresses rise along with stock prices. In good economies, we get such results as miniskirts (as seen in the 1960s), or in poor economic times, as shown by the 1929 Wall Street Crash
Wall Street Crash of 1929
The Wall Street Crash of 1929 , also known as the Great Crash, and the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout...

, hems can drop almost overnight.

Desmond Morris
Desmond Morris
Desmond John Morris, born 24 January 1928 in Purton, north Wiltshire, is a British zoologist and ethologist, as well as a popular anthropologist. He is also known as a painter, television presenter and popular author.-Life:...

 revisited the theory in his book The Naked Ape
The Naked Ape
The Naked Ape: A Zoologist's Study of the Human Animal is a 1967 book by zoologist and anthropologist Desmond Morris which looks at humans as a species and compares them to other animals...

and the theory was also the topic of a question on the BBC
BBC
The British Broadcasting Corporation is a British public service broadcaster. Its headquarters is at Broadcasting House in the City of Westminster, London. It is the largest broadcaster in the world, with about 23,000 staff...

 Panel Show QI
QI
QI is a British comedy panel game television quiz show created and co-produced by John Lloyd, hosted by Stephen Fry, and featuring permanent panellist Alan Davies. Most of the questions are extremely obscure, making it unlikely that the correct answer will be given...

in 2010.
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