What Happened This Year 1938
Born in 1938
Fischer Black
An American economist and academic contributed significantly to financial theory. Developed the Black-Scholes option pricing model in collaboration with Myron Scholes, providing a revolutionary framework for valuing options and derivatives. Served as a professor at the University of Chicago and contributed to the understanding of volatility in financial markets. Authored influential papers that explored various aspects of finance and trading strategies.
Continue ReadingM. M. Kalburgi
An influential scholar and academic focused on Kannada literature and philosophy. Authored several notable works that addressed various aspects of literature and cultural critique. Contributed to the academic community through teaching at multiple institutions. Participated in intellectual discourses regarding social issues and literary traditions, enhancing the understanding of Kannada heritage. His work engaged with themes of social reform and ethics within literature.
Continue ReadingZdeněk Veselovský
Contributed to the understanding of animal behavior and ecology. Specialized in the study of insects, particularly ants. Conducted research that explored communication and social structures within ant colonies. Published numerous papers and articles that influenced ethology and behavioral ecology. Held academic positions and mentored students in the field of zoology.
Continue ReadingFrankie Randall
An American singer-songwriter and pianist, recognized for contributions to the music industry primarily in the genres of jazz and pop. Achieved success as a solo artist and also as a recording artist for prominent labels such as Reprise and RCA. Collaborated with various musicians and ensembles, creating a distinct style that combined vocal prowess with skilled piano performances. Performed extensively in clubs and concert venues during a career that spanned several decades.
Continue ReadingThomas J. Donohue
Served as president and CEO of the U.S. Chamber of Commerce from 1997 to 2019. Played a significant role in advocating for business interests at the national level, influencing economic policies. Led the chamber's efforts in promoting free enterprise and workforce development. Contributed to various initiatives enhancing the business environment across the United States.
Continue ReadingRobert Graham
A Mexican-American sculptor, significant contributions include monumental public works and artistic representations of cultural themes. Specialized in bronze sculptures, complemented by various media. Created prominent pieces such as 'The Great Journey' at the Los Angeles International Airport and 'The Rite of Passage' located in Santa Monica, California. Influenced the art community through innovative techniques and cultural storytelling.
Continue ReadingAbu Ali Mustafa
A significant figure in Palestinian politics, served as the Secretary-General of the Popular Front for the Liberation of Palestine (PFLP). Engaged in the Palestinian national struggle and played a crucial role in the political landscape of the region. Advocated for Palestinian rights and participated in numerous political activities. Assassinated in 2001, sparking widespread reactions across the Palestinian territories and the Arab world.
Continue ReadingBob Foster
A professional boxer competed in the light heavyweight division, securing the WBA title in 1968. Held the title until 1974, successfully defended it multiple times. Transitioned to a career in law enforcement after boxing. Participated in several notable fights, including bouts against Dick Tiger and Rubin Carter. Inducted into the International Boxing Hall of Fame in 1990 for achievements in the sport.
Continue ReadingLilly Ledbetter
An American activist focused on labor rights, initiated a landmark lawsuit against Goodyear Tire and Rubber Company for pay discrimination. The case reached the U.S. Supreme Court, which ruled that the claim was filed too late. This led to the introduction and passage of the Lilly Ledbetter Fair Pay Act of 2009, which aimed to strengthen protections against wage discrimination. Her experiences brought national attention to gender-based pay inequities and she became a prominent speaker on the topic.
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