Tag Archives: correlation

Girl Power Economics

The Libertarian Blog over at Reason.com had a delightful piece today on the correlation between girl band popularity and economic growth. I’m actually not sure if it is satire or not.

“Why didn’t the United States see [strong] growth during the ’60s boom? America… lost interest in [girl bands] in favor of a self-styled “invasion” of boy groups… We went off the girl standard before France did… The Go-Go’s fueled the recovery from the early 1980s recession… The effect was strongest in the 1990s… NAFTA allowed the free exchange of angry Canuck songstress Alanis Morissette. Britain maintained low inflation and low unemployment… thanks both to economic liberalization and to the rise of the Spice Girls.

Just as the decrease in piracy is correlated with the increase in global temperatures, the economic tide seems to be correlated with girl bands. Thus, we need more pirates and more girl bands, then we will have economic prosperity and stable temperatures. As satire, this is good stuff. If gender balance in music is as good a predictor as anything else, it calls into question the validity of “real” economic predictors.

But, as I said above, I’m not sure if this is satire or not.

Cheers,
Peter