Reader's Digest in the context of Chappaqua, New York


Reader's Digest in the context of Chappaqua, New York

⭐ Core Definition: Reader's Digest

Reader's Digest is an American general-interest family magazine, published six times a year. Formerly based in Chappaqua, New York, it is now headquartered in midtown Manhattan. The magazine was founded in 1922 by DeWitt Wallace and his wife Lila Bell Wallace. For many years, Reader's Digest was the best-selling consumer magazine in the United States; it lost that distinction in 2009 to Better Homes and Gardens. According to Media Mark Research (2006), Reader's Digest reached more readers with household incomes of over $100,000 than Fortune, The Wall Street Journal, Business Week, and Inc. combined.

Global editions of Reader's Digest reach an additional 40 million people in more than 70 countries, via 49 editions in 21 languages. The periodical has a global circulation of 10.5 million, making it the largest paid-circulation magazine in the world.

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Reader's Digest in the context of Byline

The byline (or by-line in British English) on a newspaper or magazine article gives the name of the writer of the article. Bylines are commonly placed between the headline and the text of the article, although some magazines (notably Reader's Digest) place bylines at the bottom of the page to leave more room for graphical elements around the headline.

Dictionary.com defines a byline as "a printed line of text accompanying a news story, article, or the like, giving the author's name".

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Reader's Digest in the context of The Road to Serfdom

The Road to Serfdom is a book by the Austrian-British economist and philosopher Friedrich Hayek. In the book, Hayek "[warns] of the danger of tyranny that inevitably results from government control of economic decision-making through central planning." He further argues that the abandonment of individualism and classical liberalism inevitably leads to a loss of freedom, the creation of an oppressive society, the tyranny of a dictator, and the serfdom of the individual. Hayek challenged the view, popular among British Marxists, that fascism (including Nazism) was a capitalist reaction against socialism. He argued that fascism, Nazism, and state-socialism had common roots in central economic planning and empowering the state over the individual.

Since its publication in 1944, The Road to Serfdom has been popular among liberal (especially classical liberal) and conservative thinkers. It has been translated into more than 20 languages and sold over two million copies (as of 2010). The book was first published in Britain by Routledge in March 1944, during World War II, and was quite popular, leading Hayek to call it "that unobtainable book", also due in part to wartime paper rationing. It was published in the United States by the University of Chicago Press in September 1944 and achieved great popularity. At the arrangement of editor Max Eastman, the American magazine Reader's Digest published an abridged version in April 1945, enabling The Road to Serfdom to reach a wider non-academic audience.

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Reader's Digest in the context of DeWitt Wallace

William Roy DeWitt Wallace (/dəˈwɪt/ də-WIT; November 12, 1889 – March 30, 1981), publishing as DeWitt Wallace, was an American magazine publisher.

Wallace co-founded Reader's Digest with his wife Lila Bell Wallace, publishing the first issue in 1922.

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Reader's Digest in the context of Lila Bell Wallace

Lila Bell Wallace (December 25, 1889 – May 8, 1984) was an American magazine publisher and philanthropist. She co-founded Reader's Digest with her husband Dewitt Wallace, publishing the first issue in 1922.

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