Word: traded
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Dates: during 1960-1969
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...toxic to song birds. Within the same years, an article by Nader appeared in the Princeton paper criticizing American automobiles as death-traps. Later, of course, Nader wrote Unsafe At Any Speed. Anticipating issues and revealing hidden crises is hardly new to Nader. But the report on the Federal Trade Commission published this January by seven law students working with Nader may be his most politically potent project...
Nader brought together a group of Harvard and Yale law students in the spring of 1968 to plan an investigation of how well the Federal Trade Commission protected consumer interests. The students, known informally as 'Nader's Raiders,' spent the summer in Washington, reading whatever information the F.T.C. agreed to release and interviewing present and former employees at the Commission. Over Christmas three of the seven students returned to Washington and for twenty hours a day wrote up the conclusions reached from the summer's work. The critique, "The Consumer and The Federal Trade Commission," made headlines throughout the country...
...Nader study is most obviously important because it lifts the falsely reputable facade of the Trade Commission. Since the last intensive study of the F.T.C. in 1949, the Federal Trade Commission has dwelt safely behind the public reputation created by its own press releases and has been done little damage by cursory academic studies...
...insists upon its preference for "voluntary enforcement" of Commission recommendations. This is the only method consonant with the chairman's repeated declaration of his faith in the wide honesty of American business. In place of compulsive cease and desist orders, the F.T.C. more often issues industry-wide "guides" and "trade regulations." It has no way of demanding compliance with these voluntary orders, and usually is satisfied by an unsubstantiated assurance by the businessman that he has complied. The manufacturer is virtually free to continue any business practice so long as he is willing to "promise," no questions asked, that...
Favorite Daedalus topics fall in three categories: education, American society, and "the future." For obvious reason, education draws the liveliest response from fellows of the Academy. Everyone can talk about his trade. If Daedalus wishes to be a "genuine medium of communication" between the disciplines, it has to feature themes like university-and-society. Perhaps because physicists and linguists have a rather limited number of topics in common, Daedalus spends too much time on education...