Breakthroughs and everyday innovations from the year.
HEADLINES ON July 2, 1979
Full News Archive
- Headline: Newport Jazz Festival Concert Celebration. Impact: Little did anyone know, this jazzy salute would set off a chain reaction, inspiring future generations to believe that if you just add a saxophone to any situation, it can only get better. Spoiler: it didn't.. Fact: Mel Torme was not just a jazz singer, but also a writer. He gave a whole new meaning to 'writing a hit'—it involved both music and lyrics, not just the latest gossip!.
- Headline: Employer-Employee Relations Redefined. Impact: This conference was the pebble that started the avalanche of workplace rights, leading to everyone demanding 'flexible hours' while still pretending to work hard at their desks. Thanks, corporate America!. Fact: The term 'work-life balance' was coined during this very era, mostly by overworked employees who just wanted to do their laundry without feeling guilty..
- Headline: Chris Taylor: Olympic Wrestler Celebrated. Impact: Chris Taylor’s Olympic success sent ripples through the sports world, inspiring every college wrestler to think they, too, could one day become famous. Spoiler alert: most didn’t.. Fact: Chris Taylor wasn't just a wrestler; he was the kind of guy who probably made everyone at the Olympics question their life choices after witnessing him in spandex..
- Headline: Advertising. Impact: The launch of this magazine created an unending cycle of 'traditional female interests' that somehow never included anything about the actual interests of women—like world domination or the latest Netflix series.. Fact: Holly Hobbie was actually a character before being a magazine icon, proving that even fictional characters can have more impact than many real-life women in media..
- Headline: Guitar: Burgos in Debut. Impact: Francisco Burgos’ debut was the beginning of many aspiring guitarists thinking that if they could just strum a few chords, they could make it big too. Turns out, it often requires more than three chords and a dream.. Fact: The Carnegie Recital Hall has hosted so many debuts, it might as well have a wall of fame for all the 'next big things' that never quite made it..
- Headline: TV.• Wills With Moyers. Impact: Bill Moyers’ interviews would later become the gold standard for journalists everywhere, leading to a dramatic uptick in coffee consumption across the industry as they tried to keep up with his intellect.. Fact: Gary Wills was not only an author but also a historian, reminding us that sometimes people can be good at more than one thing— unlike most of us who struggle with even one..
- Headline: State Amasses Hospital‐Patient Data to Aid Planning. Impact: By amassing patient data, the state inadvertently paved the way for future privacy debates, leaving us all wondering if our medical records were safer with the government or in a poorly secured cloud.. Fact: The collection of hospital-patient data was a precursor to today's reality TV obsession—everyone wants to know everything about everyone, but no one wants to be in the spotlight..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1979, it would be worth $6,997,064 today (6997.1x return)
INTC
Intel
Intel - If you invested $1,000 in 1979, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1979, it would be worth $417,979 today (418.0x return)