Not so much "lipstick economics" as "Hi-De-Hi economics". The idea of lipstick economics comes from Leonard Lauder, who noticed post the terrorist attacks of 9/11 that his companies were selling a lot more lipstick. When the economy turns sour, observed the chairman of Estée Lauder, people spurn big ticket spending but try to boost their mood with little comfort purchases that might make them feel good about themselves. ...