This is an extension of our discussion in class on advertising.
What do you think of advertising? In what ways is it good for society as a whole or bad for society as a whole? In what ways is it efficient or inefficient? You should come up with specific examples.
From the individual perspective, advertising is pretty avoidable in a lot of cases if you find it personally annoying (XM radio, HBO, Tivo or other DVRs, popup blockers on web browsers). See this post from economist Bryan Caplan.
Feel free to throw in your own favorite commercial in addition to your comment. One of my favorites was one I saw on a big screen in the middle of the Ginza district in Tokyo: it featured a a big formation of people singing and dancing with a huge smiling, laughing teapot at the front of the formation. I may have found it funny because it was really strange, because it reminded me of the Kool-Aid guy, or because I don't think the commercial was advertising anything to do with tea or teapots, but then again it was mostly in Japanese.