Few public policies are more misunderstood than the Fairness Doctrine that briefly governed American broadcast media. If you think we need a “new Fairness Doctrine” for the Internet, chances are you’re not clear on what the old version was. Paul Matzko, editor for technology and innovation at Libertarianism.org, joins the show to discuss the history of the Fairness Doctrine, why it failed, and why making a new one would be a terrible idea. For more, see Paul’s book, The Radio Right: How a Band of Broadcasters Took on the Federal Government and Built the Modern Conservative Movement.