Breakthroughs and everyday innovations from the year.
HEADLINES ON February 5, 1950
Full News Archive
- Headline: Revolutionizing Fence Painting in 1950. Impact: The invention of the fence-painting device led to an unexplained surge in DIY home improvement shows, resulting in a generation of people with questionable taste in fence colors. Who knew that a slight oversaturation of teal would cause the Great Fence Color Crisis of 2025?. Fact: Did you know that fence painting was once considered an Olympic sport? Just kidding, but it would definitely add some excitement to the games!.
- Headline: New Apartment Developments in Forest Hills. Impact: As more apartments were built in Forest Hills, it inadvertently set off a real estate frenzy that would eventually lead to the creation of the 'Million-Dollar Studio Apartment' trend. Just what we need, right? Smaller spaces for even bigger prices!. Fact: Fun fact: Forest Hills was once a sleepy neighborhood until developers decided to turn it into a concrete jungle. Thanks, capitalism!.
- Headline: Libraries Showcase Diverse Theatre Collections. Impact: The libraries' push to collect theater works inspired a future generation of playwrights who thought their work was so profound it needed to be stored in a vault. Spoiler alert: it wasnβt. Now, every time you visit a library, you might trip over a forgotten script about talking vegetables.. Fact: Libraries: where you can find both Shakespeare and the manuscript for that one guy's play about a potato that wants to be a movie star..
- Headline: Our Cultural Origins. Impact: Kraus's exploration of cultural origins sparked a debate that would echo through the ages, leading to an endless cycle of people getting into arguments about whether the 18th century was the best or worst time in history, forever ruining dinner parties.. Fact: Did you know that the 18th century was also known as the Age of Enlightenment? Apparently, enlightenment didnβt come with a manual on how to keep arguments civil..
- Headline: Myths About Women's Colleges; They are neither 'country clubs' nor academic sweatshops and most of the grads do get married, a noted educator points out. Women's Colleges. Impact: The truth about womenβs colleges somehow prompted a global trend of educating women, which eventually led to the shocking realization that women could, shockingly, also be leaders and innovators. Who wouldβve thought?. Fact: Myth: Womenβs colleges are just places to learn how to throw a tea party. Truth: Theyβre actually just as serious as any other educational institution, but with more scones..
- Headline: WHOLESALE MARKET IN APPAREL INACTIVE. Impact: The inactivity in the wholesale apparel market led to a bizarre phenomenon where people started wearing vintage clothing as a 'rebellion' against modern trends, resulting in an Instagram era filled with thrift store finds and ironic fashion statements.. Fact: Did you know that the word 'inactive' is just a fancy way of saying 'waiting for someone to realize weβre not cool anymore'?.
- Headline: From Cooper to Cable to Cather. Impact: The study of the American historical novel led to a flood of historical fiction that was largely inaccurate but incredibly entertaining, causing future generations to confuse fact with fiction and leading to the first historical reality show.. Fact: Fun fact: The only thing more fictional than some historical novels is the idea that the authors actually did their research..
- Headline: E.C.A. PLANS FOR EUROPE MEET STRONG OBSTACLES; DR. DIRK STIKKER. Impact: Dr. Dirk Stikkerβs comments on European unity prompted a series of diplomatic debates that eventually led to a reality TV show called 'Keeping Up with the Eurocrats,' which no one asked for but everyone watched anyway.. Fact: Did you know that unity in Europe is as elusive as finding a parking space in New York? Good luck with that!.
- Headline: Sales in Nation's Department Stores Show Increase During Latest Week; New York Philadelphia Boston Chicago St. Louis Cleveland Richmond Atlanta Kansas City Minneapolis San Francisco Dallas. Impact: The uptick in department store sales signaled the beginning of an era where people felt the need to buy more than they could afford, ultimately leading to the rise of credit card debt and the phrase 'treat yourself' becoming a cultural phenomenon.. Fact: Fun fact: The phrase 'treat yourself' was coined by someone who probably didnβt have to pay their credit card bill. Cheers to that!.
- Headline: When Ancient Japan Went Modern; Ancient to Modern. Impact: Japan's leap from ancient to modern marked a pivotal point that would lead to a blend of cultural influences, resulting in sushi restaurants popping up worldwide and the baffling combination of samurai movies and tech gadgets.. Fact: Did you know that the only thing faster than Japan's modernization was the rate at which people started confusing sushi with a trendy diet?.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1950, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1950, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1950, it would be worth $23,651,330 today (23651.3x return)