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 8, 1962
Full News Archive
- Headline: Learning from the Peace Corps for Business Success. Impact: If U.S. businesses had taken the Peace Corps' advice seriously, we might have seen a world where avocado toast was a staple in every American household, thanks to the grassroots connections forged in Latin America. Instead, we just got overpriced guacamole and a lot of confused travelers.. Fact: Did you know that the Peace Corps was actually formed to help spread democracy? Or was it just so Americans could have a valid excuse to travel and call it 'work'?.
- Headline: Celebrating 20 Years of Franco-German Bonds. Impact: Twenty years of Franco-German relations? This was the beginning of a love story that would eventually lead to the European Union, where nations decided that fighting was overrated and theyβd rather argue about cheese and wine instead.. Fact: Fun fact: the only thing that could have made Franco-German relations more interesting is if they had a reality show called 'Keeping up with the Diplomats.'.
- Headline: Stahr Critiques Pentagon Overcentralization. Impact: Stahr's criticism of overcentralization in the Pentagon could have led to a future where military decisions were made by a committee of cats, providing a much more whimsical approach to defense strategies. Sadly, we are still stuck with the human version.. Fact: Did you know that McNamara was so influential that his name is synonymous with 'overthinking everything'? It's true; just ask any military strategist..
- Headline: SHIPYARD EXCESS SHOWN IN SURVEY; World Capacity Far Above Need, Britons Report. Impact: This shipyard capacity survey might have inadvertently caused a global shipping crisis where ships were built but couldn't find a home. As a result, we got a lot of 'floating hotels'βor as we call them now, cruise ships.. Fact: Did you know that the shipping industry once thought they could just keep building bigger ships indefinitely? Kind of like how some people think they can keep buying more shoes without running out of closet space..
- Headline: MAINE LAWYER DIES IN HAYING ACIDENT. Impact: The tragic accident of Henry M Fuller serves as a grim reminder that farming is not all sunshine and rainbows. It set off a chain reaction of safety regulations that, while well-intentioned, probably made haying a lot less fun.. Fact: Did you know that haying accidents are still surprisingly common? Who knew that bales of hay could be so deadly?.
- Headline: SYNDICATE ACTION CONTINUES HEAVY; Survey Shows No Let-Up In Investment Demand. Impact: The real estate syndication craze was like the stock market's awkward cousin who keeps trying to join in on the fun but ends up just standing in the corner. It paved the way for the real estate bubble that would shock everyone later on.. Fact: Did you know that real estate syndication is just a fancy way of saying 'let's all pool our money and hope we don't lose it all'? Sounds like a party!.
- Headline: Fiery Run, Va.; Do You Feel Depleted? See Secretary Dillon. Impact: Dillon's efforts to close loopholes may have inspired future politicians to dream of a world where tax codes are straightforward. Spoiler alert: that world still doesnβt exist, and tax season remains the real-life horror film.. Fact: Did you know that the depletion allowance was originally designed for oil and gas? Apparently, itβs the only allowance that doesn't come with a monthly limit!.
- Headline: Maudling Lands in Kenya. Impact: Maudling's fact-finding mission in Kenya may have inadvertently sparked a series of events leading to the rise of eco-tourism, where people pay to see nature, while simultaneously ruining it. Thanks a lot, Secretary!. Fact: Fun fact: the Somali secessionists just wanted a peaceful life, but instead, they got a history lesson on how governments can be a nuisance..
- Headline: Observations From a Masthead. Impact: Bohn's masthead observations could have inspired future generations of journalists to think they could change the world, only to find themselves writing clickbait headlines instead. Well done, Bohn!. Fact: Did you know that 'Remember America' is actually a slogan for a brand of nostalgic ice cream? Because who doesnβt want to eat their feelings while reminiscing about history?.
- Headline: Summer Fruits For Winter Meals. Impact: The chart tracing summer fruit output was the beginning of humanity's obsession with seasonal eating, which eventually led to Instagram influencers posting pictures of their artisanal fruit salads. How far we've come!. Fact: Did you know that summer fruits are basically nature's candy? And yet, they still cost more than your average candy bar. Go figure!.
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1962, it would be worth $23,651,354 today (23651.4x return)
DIS
Disney
Disney - If you invested $1,000 in 1962, it would be worth $1,960,745 today (1960.7x return)