13 phenomena teach you how to understand economics

Economics is a social science that studies human behavior and how to rationally allocate limited or scarce resources. This article uses 13 simple stories hoping to get a sense of what economics is and what economics is about.

1. Beer consumption

There is a view that beer sales are shrinking and the economy is bound to slump. When unemployment raises companies to lay off workers at any time, men who are head of the household are not in the mood to blow the water with their companions, so they can only buy wine and go home to drown their sorrows. Unfortunately at home can not enjoy the binge and not be drunk, so beer sales in how to decline.

2, the waitress's beauty level

According to the New York Observer, when there are live and fragrant waitresses everywhere in the store, the economy is in trouble, whereas the economy is thriving.

To put it simply, when you meet a waitress everywhere, consider selling the stock. What's the reason?

As far as the observer's explanation is concerned, when the economy is booming, it is easy for women with "capital" to find work conditions that are not offensive, such as commodity models, salesmen, etc., and men are more likely to "Jinwucangjiao" after a well-off economy.

3, Men's underwear

Alan Greenspan, the former chairman of the Federal Reserve, had proposed a "male underwear sales reflect the economic situation" theory, that the economic situation is good, underwear sales will rise steadily, and vice versa.

The reason is simple, when the economy is depressed, men will save money and buy less underwear.

4, female skirt pendulum length

"Father of American arbitration" Zorgi Thelles points out that the skirt size is proportional to the stock market boom and bust, that is, the higher the height of the skirt, the more the stock market "decline to the ground", and this view has been proved.

From that New York name shop Smith Barney different lengths of skirts of the annual sales match, to verify the trend of the stock index chart, it can be clearly seen between 1897 and 1990, the skirt and the stock market movements are directly proportional to the relationship.

Why not? Zorgi Thelles said that when economic growth, women wear short skirts, because they want to show off the stockings inside, when the economic downturn, women can not afford stockings, had to put a long skirt, to cover up the embarrassment of not wearing stockings.

5, female hair length

According to Japan's largest commodity manufacturing company "Kao" in 1987 began in Tokyo Ginza 1000 20-30-year-old Women in the annual poll compiled after the "Hair statistics" show.

Their preference for long hair shows that the economy is recovering, whereas the economy is still deteriorating.

The evidence is that, in 1997, more hair than long hair, the next year for the Japanese economy, "the Worst" in 2008, the economic recovery, more than 80% of the women's hairstyle is not long or medium length.

6, wipe the Window people index

Every time you jump out of a zebra crossing or a traffic light, a man who even sells cheap items or has a rag to wash your car.

Must be a reflection of the rising unemployment rate in the recession.

7. The bicycle index outside the sales department

Look at the number of bicycles outside the sales department, you know how lively the trading floor.

This is the most direct index of Chinese characteristic stock market. If more bicycles, the stock market boom, people with confidence and vision.

If the sales department outside of the bicycle sparse, it must be everyone even look at the mood of the plate is gone.

8. Poker Sales Index

The more poker sales, the more people who are unemployed, the more people use poker to kill time, this is a kind of not confident performance.

If you often encounter poker, perhaps the economy is a sign of the downside.

9, the contractor to return the telephone length of time

Every time the stock market rises and the economy is overheated, the contractor is mostly shut down, overwhelmed by his business or in the stock market and doesn't care if there is a business.

If the contractor calls back within 24 hours, it means a recession.

If you just call back when you get off the phone, it reflects the economy entering the Great Depression.

10. Tie

Tie sales are inversely proportional to the economic boom and bust, and high sales mean a sluggish economy.

Shows that more men are wearing suits to get a job and need a tie to match.

11. Drug Use Index

The Italian Ministry of Finance, the undersecretary of the "stock" theory, pointed out that the stock market Hu Shen or with the majority of drug users have relevance, the Government is considering whether to co-operate with the Milan stock Exchange to launch a "drug test" for the people concerned

In other words, if the "drug-addiction Index" goes up, it means the stock market is desperate, and vice versa.

12. Conversation of taxi drivers

With such an index, some add to the congestion-"The reading of the taxi Driver Index", and whenever taxis run into a genteel driver, they can conclude that the economy has fallen into recession without having to look at GDP figures.

13. Lipstick Effect

Whether the economy is booming or not, watch lipstick sales. In America, when the economy is depressed, sales of lipstick will rise in a straight line. Why is that?

Originally, in the United States, people think lipstick is a relatively cheap consumer goods, in the economic downturn, people will still have a strong desire to consume, so will switch to buy cheaper goods. Lipstick as a "cheap non-essential" can play a "comfort" role for consumers, especially when the soft, moist lipstick touches the lips.

Then again, the recession will make some people's income lower, so the hands will appear some "small spare money", just to buy some "cheap non-essential"