The lipstick effect has become the nail polish effect.
What's Trending
The Recession: Quirky Indicators

People love to cite the lipstick effect. Named in 2001 by former Estée Lauder CEO Leonard Lauder, the lipstick effect just says that during hard times women enjoy more inexpensive luxuries like lipstick. But looking at this graph from The Economist,…

econlife®

Connecting economics with everyday life.

Located at the intersection of current events, history, and economics, econlife® slices away all of the layers that make economics boring and complex. We like economics and we would like for you to like it too.

Translate
Most ViewedWEEKMONTHALL
No Stats to show
Elaine’s New Book
Econlife-101-1-2-The-Foundation

Connecting
economics with
everyday life.

Sign­up for your daily slice of
econlife®.

Thank you for subscribing.

Something went wrong.