Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON August 18, 1957
Full News Archive
- Headline: Sicilian Climate and Visitor Experiences. Impact: As tourists flocked to Sicily for its mild prices and delightful climate, they unknowingly kickstarted a global trend in travel influencers. Fast forward to today, and we're left with endless selfies of people posing with overpriced gelato, while the locals just roll their eyes.. Fact: Did you know that the Sicilian climate is so pleasant that even the weather reports have a fan club? They just can't stop boasting!.
- Headline: MITCHELL SEES LAXITY; Says Local Governments Fail to Enforce Racket Laws. Impact: Mitchell's comments sparked a series of local government meetings that devolved into endless debates about whose turn it was to enforce the laws. This would eventually lead to a thriving underground racket of procrastination, still in operation today.. Fact: It's said that if you can’t find a local government official, check the nearest donut shop—it's like a second office for most!.
- Headline: Sears Tries German Market. Impact: Sears' attempt to penetrate the German market inadvertently led to an explosion of catalogs and door-to-door salesmen. This phenomenon eventually morphed into the modern-day 'click-to-buy' culture, where now you can shop in your pajamas while avoiding awkward small talk.. Fact: Fun fact: The German word for catalog is 'Katalog,' which sounds way less exciting than 'Sears catalog.'.
- Headline: INDUSTRIAL LURE SOUGHT IN TITLE I; City Seeks to Brake Exodus of Concerns With Federal Aid in New Projects STARK ASSAILS DELAY Cooper Square Held Up by Cut-back in U.S. Funds --Cole Is Criticized Agency Head Assailed Factory Sites Scarce INDUSTRIAL LURE SOUGHT IN TITLE I Would Cost $20,000,000. Impact: The struggle for industrial funding led to the birth of countless bureaucracies dedicated to 'solving' the city's issues, which now take longer than waiting for a sequel to your favorite movie. Spoiler: there’s no resolution in sight.. Fact: Did you know that $20 million in the 1950s would be equivalent to about $200 million today? Too bad that doesn’t mean anyone actually gets anything built!.
- Headline: TECHNIQUE IN 35MM; Its Role in Photography Discussed in Debate. Impact: The debate over 35mm photography ignited a passionate movement that would eventually lead to the rise of 'Instagram vs. Reality' as a concept, where people now filter their lives instead of just their photos.. Fact: In the 1950s, 'technique' in photography meant actually knowing how to work a camera, not just pointing and clicking and hoping for the best!.
- Headline: TRADE COURSES OFFERED; Baruch School Plans Studies on Air and Ship Marketing. Impact: The introduction of trade courses at Baruch School inadvertently led to the rise of corporate jargon, where now we have to decipher phrases like 'synergy' and 'leverage' just to understand what people are talking about.. Fact: Fun fact: The only thing more confusing than trade courses is trying to explain to your relatives what you do for a living without using any jargon!.
- Headline: Fulbright Says Eisenhower 'Mishandled' Fight on Aid Cut 'All the Way Through'. Impact: Fulbright's criticism of Eisenhower led to endless debates in Congress, which eventually resulted in the term 'political gridlock' being coined. Today, it’s a badge of honor for politicians everywhere!. Fact: Did you know that the only thing politicians love more than cutting aid is cutting each other off during debates? It's a veritable Olympic sport!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1957, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1957, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1957, it would be worth $23,651,363 today (23651.4x return)