The research I have done so far has been to look at the effectiveness of advertising. One good book I have read has been “In defence of advertising arguments from Reason, Ethical Egoism, and Laissez-Faire Capitalism” written by Jerry Kirkpatrick. What I found interesting about this book is the definition of advertising which is; advertising is a conceptual communication in a market economy. Another definition was advertising is an accelerator it speeds up the acceptance of new products, thus encouraging the development of more new products. The author makes the case that denying advertising is in essence denying the market economy and thereby individual freedom. This is a very simplistic summary of the book, the book looks in depth at the philosophies of Marxism, Kant and Ayn Rand and uses these philosophies and world views to place advertising in the current market environment as the point man of capitalism. The book makes a very good case for advertising as an essential tool of capitalism and freedom. There still does need to be some kind of control mechanism in place to protect the consumer from the more deceptive types of advertising, especially if it can be hazardous to the individual’s well-being.









