Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON August 13, 1972
Full News Archive
- Headline: Advertising Strategies in NYC Restaurants. Impact: The shift towards emphasizing price in restaurant ads led to a nationwide obsession with 'value dining.' Fast forward to today, and we have a whole generation convinced that eating overpriced avocado toast is a wise financial decision.. Fact: In the world of dining, nothing says 'I care about my finances' quite like a $15 salad. Who knew that inflation could be so delicious?.
- Headline: Potter's Equation Triumphs in Queen's Cup. Impact: This yacht race victory turned Potter into a nautical legend. Decades later, his descendants would be selling 'Equation' branded sailboats, leading to an entire subculture of wannabe sailors who can't tell port from starboard.. Fact: Winning a yacht race is like winning the lottery, but with more sunburn and sea-sickness involved..
- Headline: Remarkable Growth of Nassau's Interracial Bank. Impact: The success of this interracial bank sparked a movement that encouraged more diversity in finance. Who knew that a few million dollars could ripple through time and inspire a whole generation of financial reformers?. Fact: In the world of banks, 'interracial' is just a fancy way of saying, 'We actually want your business, regardless of your skin color.' Shocking, right?.
- Headline: New Hawaiian Economy Causes Minority Unrest. Impact: The shift from a plantation economy to a tourism-based one sparked a cultural renaissance that ultimately led to the rise of Hawaiian music and hula dancing worldwide. Unfortunately, it also meant an influx of tourists who think it's acceptable to wear socks with sandals.. Fact: Hawaii's economic changes have inspired countless 'beach bum' tropes in pop culture. Thanks for the stereotypes, everyone!.
- Headline: WASHINGTON REPORT. Impact: The severing of the dollar's tie to gold marked the beginning of a wild rollercoaster ride for the global economy. Who knew that decades later, we'd be questioning if Bitcoin is the new gold?. Fact: In the world of finance, severing ties is rarely as romantic as it sounds—it's usually just messy paperwork and a lot of regret..
- Headline: FOREIGN AFFAIRS. Impact: Yugoslavia's quest for neutrality became a cautionary tale for future nations. As a result, diplomats today still use 'let's just agree to disagree' as a survival tactic in international relations.. Fact: Neutrality is like being the kid at a school dance who stands awkwardly by the punch bowl—everyone appreciates your presence, but no one really knows what to do with you..
- Headline: The Thunderbolts of August. Impact: This caricature would go on to inspire countless satirical pieces, leading to the modern-day meme culture that makes fun of everything from politics to cats.. Fact: If you think about it, caricatures are just the cartoon version of gossip—everyone loves a good laugh at someone else's expense!.
- Headline: Photography. Impact: The popularity of photography books led to a massive increase in amateur photographers. As a result, today we have more blurry selfies and pictures of food than any civilization should reasonably tolerate.. Fact: A picture is worth a thousand words, but in the age of social media, it seems that most of those words are just 'hashtag blessed.'.
- Headline: Last G.I. Combat Troops Leave Quietly. Impact: The withdrawal of troops marked a pivotal moment in the Vietnam War, forever impacting US foreign policy and military strategies, as well as the soldiers’ lives who served there.. Fact: The end of combat for one group often means the beginning of a lifetime of stories and struggles for those who served, reminding us that peace is rarely as simple as packing up and going home..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1972, it would be worth $343,942 today (343.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1972, it would be worth $269,286 today (269.3x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1972, it would be worth $292,010 today (292.0x return)