Why All Words Deserve a Spot in the Dictionary

More than 50 years after it was published, Webster's dictionary is getting a major update.

Erin McKean, a lexicographer who is the founder of Wordnik.com and formerly the editor-in-chief of American Dictionaries for Oxford University Press, thinks every single word that's ever been used should be "lookupable."

She discusses why she's aiming to add one million words to her online dictionary and why it's necessary to have a place to look up words like "farecast" and "roomnesia."