Per the KT, apparently some economists believe that the increasingly short mini-skirts that the agashis in Apgujeong and Shinchon are wearing somehow point to a recovering economy. The so-called “micro-mini” (wow, isn’t static electricity cool?) and its close cousin, the “micro-hot pants,” are projected to be big this year.
However, I take this “analysis” more as proof that there are too many men who are economists and instead of doing their jobs they are spending too much time navigating Naver’s image search.
Well, I like mini-skirts just as much as the next guy, but I think I’ll stick to IS/LM models when it comes to analyzing the economy.
{ 20 comments… read them below or add one }
Trying to redeem themselves for not calling the recession despite all the evidence the one was on its way for the last couple of years?
Micro-hot pants?
Aren’t all hot-pants micro, by definition?
http://en.wikipedia.org/wiki/Hot_Pants_(song)
Yeah. Can hot pants get any smaller without becoming thongs? It must be one of those made-up English sounding Koreanisms that the Korean media likes so much to use in fluff pieces.
The Korean Government puts “Minerva” in jail for spreading rumours and this sort of crap comes out un-molested!
It seems much easier to find some ass in Seoul than wisdom lately. Perhaps this is yet another example of having too many asses running around, masquerading as economists and politicians.
A classic fallacy in reasoning (a free beer to anyone who names it correctly), and an obvious failure on the part of these putative economists to delve deeply enough into the data to discover that the real causal connection of this phenomenon is to the increasing numbers of new faces in the ubiquitous Seoul RLDs, where such attire doubles as work uniform – in other words more likely evidence of deepening economic woes, at least for those aspiring agasshi one missed credit card payment away from puta-ville.
#5,
You want to see if we know the difference between post hoc ergo propter hoc and cum hoc ergo propter hoc?
PS. You could also call it ‘wishful thinking’.
I am running the new release candidate of Ubuntu 9.04 on my laptop, which is a Acer Extensa 5220, and it runs beautifully. Goodbye Vista and Micro$oft.
Ah, this is NOT the open thread. Feel free to delete. I will repost there.
I don’t believe there is any fallacy in the claim “skirts are getting shorter, therefore, the economy may be getting worse (or better)..” It’s a matter of being sound or correct or incorrect. The author doesn’t claim shorter skirts are sufficient for the economy to worsen (or get better) or predict or determine such. Rather, the author makes an observation about correlations, lists fashion as an indirect indication of an economy’s health, and then provides a possible explanation for the phenomena of shortening skirts — states the use of less fabric material in order to save costs in production as a possibility.
Of course, it’s bullshit either way. I just don’t think it’s fallacious.
# 9,
Who cares… more is better… except for hem lines…
Spewer and SomeguyinKorea.
More of what? Bullshit? KT articles? Fallacies?
Agreed, except for those hem lines attached to a guy’s pantaloons.
In a perfect world, every hot girl anywhere- at work, in the church – would be wearing third-world economy grade Daisy Dukes. Yum and hurray for the Bear! Da Bearz!
Spewer and SomeguyinKorea.
More of what? Bullshit? KT articles? Fallacies?
Agreed, except for those hem lines attached to a guy’s pantaloons.
In a perfect world, every hot girl anywhere- at work, in the church – would be wearing third-world economy grade Daisy Dukes. Yum and hurray for the Bear! Da Bearz!
Sorry, hemlines by definition are not a part of any guy’s pantaloons. So I take that back. (I thought hemline = sowing line on any garment of clothing..)
Anyway, on double checking the meaning of a hemline I came across this:
http://en.wikipedia.org/wiki/Hemline_index
It’s an actual theory given by a real economist in 1926: The Hemline Index.
I think the micro-minis are more of an indication of Spring than anything else. Not that Winter is necessarily any deterrent to Korean women wearing miniskirts though.
Subfreezing temperatures were no deterrent to me strutting into a local college bar fashionably underdressed in a leather bomber, miniskirt, and ballet flats.
#13,
Let’s suppose that the theory is correct and that the economist went through the trouble of measuring miniskirts and found that they have gotten shorter this spring from previous years…
Designers presented their Spring 2009 at the New York Fashion Week in early September, 2008, so the designs were made long before the economy took a turn for the worse.
…Spring 2009 collections…
…So, the designs were…
…the designs were created…
I need coffee. This is too damned early to be up on a Sunday morning.
@4 >The Korean Government puts “Minerva” in jail for spreading rumours and this sort of crap comes out un-molested!
Something tells me that those “articles” are just waiting to get molested. :V
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