Rock and Roll Hall of Fame inductees: Aerosmith; Solomon Burke; The Flamingos; Michael Jackson; Queen; Paul Simon; Steely Dan; Ritchie Valens; James Burton; Johnnie Johnson; and Chris Blackwell
- The Bank of Japan issued a monetary policy known as quantitative easing, which stimulated the Japanese economy after the burst of the dot-com bubble.
- Charles K. Johnson, American President of the Flat Earth Society, dies at 76
Day of the Week: Monday
How Long Ago? 20 years, 7 months and 2 days
Leap Year: No
Holidays: St. Patrick's Day (Ireland, United Kingdom)