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 July 9, 1961
Full News Archive
- Headline: Credit Scoring System Development. Impact: The introduction of credit scoring led to the birth of countless algorithms and data-driven decisions, ultimately giving rise to the age of online shopping where your credit score influences everything from your mortgage to your ability to binge-watch Netflix without interruption.. Fact: Did you know that before credit scores, people used to judge your worthiness based on how many cats you owned? Just kidding, that's not true... or is it?.
- Headline: Housewives Challenge Wage Tax Regulations. Impact: The wage tax woes for housewives sparked a movement toward proper compensation for domestic work, eventually leading to a global awareness that household duties could be valuedβand who knew, maybe the next step was to unionize the vacuum cleaners?. Fact: Did you know that many housewives were also secretly running the most powerful lobbying group known as 'The PTA'? Oh wait, that's still happening..
- Headline: Wisconsin Workmen's Act Celebrates 50 Years. Impact: The Wisconsin Workmen's Act and the opening of the NY-Karachi mail service paved the way for international business communication, which eventually led to the era of spam emails and that one cousin who keeps trying to sell you essential oils.. Fact: Did you know that postal covers were once considered the coolest collectibles? Now they'd just be the equivalent of your grandma's old postcards, gathering dust in a closet..
- Headline: BRITISH-SOVIET TALK FAILS ON LAOS ISSUE. Impact: The failure of British-Soviet talks over Laos reminded everyone that diplomacy could be as effective as trying to teach a cat to fetchβfrustrating and largely pointless, but hey, they tried!. Fact: Did you know that tensions over Laos led to a lot of 'let's pretend this didn't happen' moments? Spoiler alert: history doesn't forget..
- Headline: HIGH-SPEED LENSES; West German Authority Discusses Problems. Impact: Discussions about high-speed lenses contributed to the evolution of photography and film, leading to the creation of every awkward family photo that now lives forever on social media.. Fact: Did you know that high-speed lenses were so advanced they could probably capture the moment you decided to eat that extra slice of pizza? Talk about high-definition regret!.
- Headline: Lone-Wolf At Work; THE GENTLEMAN WAS A THIEF. By Neil Hickey. 208 pp. New York: Halt, Rinehart & Winston. S3.95.. Impact: Neil Hickey's book about a gentleman thief inspired generations of wannabe Robin Hoods, leading to a rise in petty thefts and a questionable understanding of the term 'gentleman'.. Fact: Did you know that the phrase 'gentleman thief' has led to more romanticized ideas of crime than the actual dangers of theft? Good luck explaining that to your insurance agent!.
- Headline: Spectrum Widens in Film Field; Competition Grows With Rise in Color Photo-Taking SPECTRUM GROWS IN FILM INDUSTRY. Impact: The rise of color film not only changed the film industry but also ensured that every vacation video you make will be an over-saturated masterpiece that your relatives will pretend to enjoy.. Fact: Did you know that before color film, most family photos looked like they were stuck in a 1930s sepia-toned time warp? Now we just have to deal with the filter wars..
- Headline: U.S. Believes West Must Hold Berlin As Fateful Symbol; U.S. FEELS WEST MUST HOLD BERLIN. Impact: The insistence on holding Berlin as a symbol of Western values led to a really long and awkward Cold War, where both sides just kept yelling into the void about whose ideology was cooler.. Fact: Did you know that Berlin was like the ultimate 'cool kid' in school, and everyone wanted to hang out with it, but nobody wanted to admit they were scared of the principal?.
- Headline: INDONESIA WARNS DUTCH; General Says His Nation May Take New Guinea by Force. Impact: Indonesia's warning to the Dutch over New Guinea set the stage for future geopolitical tensions, reminding us that sometimes, a little bit of force can lead to a lot of paperwork and international meetings nobody wants to attend.. Fact: Did you know that territorial disputes often lead to more arguments than family dinners? At least in family dinners, you can sneak out for dessert!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1961, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1961, it would be worth $23,651,354 today (23651.4x return)