Breakthroughs and everyday innovations from the year.
HEADLINES ON January 23, 1977
Full News Archive
- Headline: Yoko Kirishima's New Beginnings in Writing. Impact: Kirishima's commentary on her exciting life in East Hampton inspired a wave of wannabe writers to flock to the Hamptons, turning it into the literary equivalent of a hipster coffee shop. As the population of aspiring authors grew, so did the number of overpriced avocado toasts.. Fact: Yoko Kirishima's transition from Japan to East Hampton was so dramatic, even her typewriter took a vacation..
- Headline: Red Smith's Insight on Emile Griffith. Impact: Red Smith's article on Emile Griffith sparked a renewed interest in boxing, ultimately leading to a pop culture phenomenon where every teenager thought they could become the next Rocky, despite only having experience with a video game controller.. Fact: Emile Griffith's life is as complex as the plots of soap operas, minus the dramatic music..
- Headline: Mastering Ski Skills with Dr. Ash. Impact: Dr. Ash's skiing advice led to an epidemic of ski injuries worldwide, as novice skiers mistook his two-step for a dance move instead of a method of descent. Ski resorts had to hire more medics than instructors.. Fact: The phrase 'Help, help, help' became the official ski resort emergency signal, surpassing even 'Oops!' in popularity..
- Headline: When did citizens become strangers?; The Fall of Public Man By Richard Sennett. 373 pp. New York: Alfred A. Knopf. $15. Public Man. Impact: Richard Sennett's book made citizens realize they were more like strangers in their own neighborhoods, leading to the creation of awkward neighborhood watch groups that met more often for coffee than crime prevention.. Fact: The term 'Public Man' was so ironic that it almost created a new genre of existential crisis literature..
- Headline: Teamsters Report Write‐Off of Loss For Pension Fund. Impact: The Teamsters' write-off of losses became a cautionary tale for investors everywhere, teaching future generations that sometimes, it's better to let go than to hold onto a sinking ship (or a sinking pension fund).. Fact: The Teamsters' pension fund losses were so significant, they even inspired a new reality show: 'Pension Fund: The Real Losses of New York.'.
- Headline: Giscard's View Of Daoud Affair. Impact: Giscard's comments on the Daoud affair led to a complex web of diplomatic discussions, resulting in the creation of an entirely new bureaucratic process for extradition that confused everyone involved.. Fact: After this incident, the phrase 'Get your papers in order' became the international motto for procrastinators..
- Headline: SOVIET GROWTH RATE IN '76 BEHIND GOALS. Impact: The Soviet growth rate report prompted a significant realignment of global agricultural strategies, as nations began to realize that they were not as invincible as they thought, leading to a global veggie crisis that turned into a historical footnote.. Fact: The 20% decline in meat production resulted in a spike in tofu consumption, making it the unlikely mascot of the Soviet Union's agricultural failures..
- Headline: BUSINESS ROUNDUP. Impact: The 'Tournament of Business Schools' became a rite of passage for future CEOs, who learned that the real business world is less about case studies and more about avoiding email disasters.. Fact: Cornell winning the tournament was the first time in history that business students celebrated with anything other than spreadsheets..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1977, it would be worth $10,678,835 today (10678.8x return)
INTC
Intel
Intel - If you invested $1,000 in 1977, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1977, it would be worth $414,492 today (414.5x return)