Breakthroughs and everyday innovations from the year.
HEADLINES ON May 16, 1971
Full News Archive
- Headline: Tragic Mine Incident Near Danang. Impact: The loss of these five G.I.s led to a series of anti-war protests, which unknowingly planted the seeds for future social movements, including the rise of avocado toast in brunch cultureβbecause nothing says 'protest' like overpriced brunch.. Fact: Did you know that land mines are still a major problem globally? Theyβre like the unwanted party guests that never leave..
- Headline: Recognizing Child Exploitation as a Crime. Impact: This statement ignited a wave of awareness that eventually led to the establishment of child labor laws... and also the rise of organic farming, where kids instead learn to pick kale. Because nothing says 'childhood' like organic vegetables.. Fact: Fun fact: Child labor was once so common that there were literally no children left to play withβjust a bunch of mini-farmers..
- Headline: Understanding the FTC's Consumer Affairs Role. Impact: This book review may not seem significant, but it set off a chain reaction that inspired a generation of lawyers to become literary critics, proving that even the most mundane topics can lead to existential crises.. Fact: Did you know that the FTC is like the middle child of federal agenciesβconstantly trying to prove its worth while being overshadowed by the FBI and CIA?.
- Headline: Atlantic Beach Strives to Preserve Its 40βYearβOld Proprieties. Impact: The struggle to maintain the charm of Atlantic Beach led to an underground movement of hipsters seeking out 'authentic' beach experiences, which ultimately resulted in the rise of artisanal sand.. Fact: Did you know that 'gaudy' is a term that originated from the 17th century? It was used to describe the unfortunate fashion choices of the timeβmuch like todayβs trends..
- Headline: Mary McCarthy again her own heroineβfrozen foods a new villain. Impact: As Mary McCarthy critiqued frozen foods, society slowly moved towards fresh ingredients, leading to the vigorous kale and quinoa obsession of the 2010s. Thanks, Mary, for triggering our current obsession with salads!. Fact: Did you know that 'Birds of America' is not just a book title, but also the reason some people think they can identify birds by their tweets?.
- Headline: MADISON AVE.. Impact: This call for creativity led to the birth of countless bizarre ad campaigns featuring dancing cats and talking avocados, which somehow became staples of modern advertising strategy.. Fact: The 'recession mentality' has been a beloved theme for ad executives since the dawn of capitalismβit's like the sad violin in a movie that signals the end of fun..
- Headline: L.I. Youth Orchestra to Play Europe. Impact: The Long Island Youth Orchestraβs European tour paved the way for future generations of musicians to believe that performing in foreign lands is simply a rite of passage, which is why now everyone thinks they can just travel and play music for a living.. Fact: Did you know that every orchestra has that one kid who just can't keep time? They should really consider a career in interpretive dance instead..
- Headline: Money Machine. Impact: This economic model would go on to influence numerous financial theories, and eventually it was realized that money does grow on treesβif you're willing to plant enough hedge funds.. Fact: Did you know that Laffer is often credited with a curve that has nothing to do with actual fitness? It's just a great way to sound smart at parties..
Wall Street Time Machine
INTC
Intel
Intel - If you invested $1,000 in 1971, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1971, it would be worth $590,335 today (590.3x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1971, it would be worth $373,578 today (373.6x return)