Oxford University Press's
Academic Insights for the Thinking World
Last month marked the hundredth anniversary of the Federal Trade Commission, the regulatory agency that looks after consumer interests by enforcing truth in advertising laws. Established by the Federal Trade Commission Act of 1914 and signed into law by President Woodrow Wilson, the FTC opened its doors in March 16 of 2015, taking the place of the older Bureau of Corporations.
The lexicographers at Oxford Dictionaries keep watch on our collective neology and select a word—or words–of the year: a word that is both forward-looking and reflects the culture of the current year. From 2004 we’ve had chav, podcast, carbon-neutral, locavore, unfriend, refudiate, squeezed middle, the verb GIF, and selfie.
Forty years ago, President Richard M. Nixon faced certain impeachment by the Congress for the Watergate scandal. He resigned the presidency, expressing a sort of conditional regret.
Battistella looks at advertising in economic down-turns.