Men's Underwear As Economic Barometer?
NPR's Robert Krulwich spoke with former Federal Reserve chairman Alan Greenspan about how to predict fluctuations in the economy.
Nearly a century ago, an economist noted a correlation between the health of the economy and the length of women's skirts — basically, the better the economy, the shorter the skirts. The phenomenon became known as the "hemline index."
In the midst of the current economic crisis, reporter Tamar Lewin was curious if she could find modern-day economic indicators. She explains her findings in her New York Times article "A Hemline Index, Updated."