• Let There Be Freedom

      What would America look like if libertarians were in charge? There would be a lot less government and a lot more freedom. Some people fear freedom. They think less government means chaos. But they are wrong.

      I explore the subject this week in my syndicated column:

      "Great part of that order which reigns among mankind is not the effect of government," Thomas Paine, the soul of the American Revolution, wrote. "It has its origin in the principles of society and the natural constitution of man. ... Common interest (has) a greater influence than the laws of government."

      If libertarians were "in charge," there would be laws to protect us from foreign enemies and those who would steal from us or injure us.

      Today, by contrast, under the rule of Democans and Republicrats, we're drowning in rules -- 160,000 pages' worth. Micromanagement kills opportunity and freedom.

      Things might be better if competition existed among governments. Governments, to keep people and capital, would have to be more efficient and get rid of stupid rules. Michael Strong and Magatte Wade of the Free Cities Project discussed this on my Fox Business show:

      Strong said, "We want to encourage thousands of people to create new governments that have different rules, each competing for customers with the best education and best health care, the most peace and prosperity you could imagine."

      Of course, state governments would have to approve this.

      "There are already Native American reservations in the U.S. ... They can become more free. Honduras already has something like this. In Senegal, we're encouraging a move toward an autonomous city-state that would allow for peace and prosperity."

      Wade is Strong's wife and an entrepreneur from Senegal, where she saw firsthand how bad rules prevent people from creating prosperity.

      Read the rest of my column here to see how "free cities" have become some of the wealthiest places on earth.

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  • This Week's Show -- July 10, 2014

    MEDIA BIAS: When I began my career as a consumer reporter, I had an obvious agenda: Businesses cheat consumers! Government must regulate them! But when I wised up about the problems with government, my bosses resisted, and I stopped receiving Emmy Awards. Emmys reward liberal reporting.

    CENSORSHIP AT CBS: Investigative reporter Sharyl Attkisson has a similar story. She explains why she left CBS after it became "harder and harder to get stories on television" that criticized this government and "any powers that be."

    IS STOSSEL BIASED?: Years ago, journalist Howard Kurtz criticized me for not being objective. I said it's impossible for any journalist to be completely objective. Now that Howard Kurtz is on Fox, we debate again.

    THE OBJECTIVITY MYTH: Andrew Kirell of Mediaite.com says, "every journalist has a point of view and they don't just magically check it the minute they walk in the newsroom door."

    NEW MEDIA: Reason TV's Remy Munasifi uses music videos and parodies to complain about things like politicians' spending. One of his latest parodies highlights the scandal surrounding the VA hospitals. Munasifi discusses his videos, which have gone viral on YouTube.

    RETRO REPORT: It's great there's a new media organization called Retro Report, which reveals media hype of the past ("crack babies," America's landfill "crisis," the "superpredator," etc.) and corrects stories everyone in the media got wrong. I discuss the new show with its executive producer, Kyra Darnton.

    REAL OR FAKE?: Sometimes people in the media say things that are so bizarre, you'd think they were made up. Kennedy of The Independents quizzes FoxBusiness.com's Kate Rogers, Fox Business host Charles Payne and me to see if any of us can tell which quotes are real, and which were made up by my staff.

    MY TAKE: I used to report on lots of scares. CBS even ran an ad for me where someone called me a "guardian angel."

    That's bunk. The only guardian angel is a free and open society. That's what allows innovation, gives people longer lives, and lifts billions out of poverty. But these gradual improvements aren't newsworthy. Scares and disaster make the news.

    News is broken not just because we're biased but because most good and important news happens slowly.

    9PM ET on Fox Business Network