Skip to content
Saturday 29 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,569.99
+0.77%
CAC 40
8,401.18
+0.98%
STOXX 50
6,485.67
+0.95%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 31 January 2017 4:59 am

Fake news is troubling – but censorship is far worse

By: Ryan Bourne

Add as a preferred source on Google

We're in the grip of a fake news epidemic that is now poisoning our politics. That is the impression one would get from observing the tweets of the great and good.

In the aftermath of Brexit in the UK and Donald Trump’s victory in the United States, it has been tempting for those who could not conceive of the results to attribute the unexpected outcomes to the malign impact of lies, untruths and false stories. If only the media had held Trump or the Brexiteers to account, some say, then all this could have been avoided. Parliament’s Culture, Media and Sport Committee has even launched an inquiry into whether fake news is a “threat to democracy”.

The irony of this whole narrative is that it is itself exaggerated. The explosion of online news has no doubt led to a host of click bait stories that are totally false. A claim that the Pope had endorsed Trump for President went viral last July. There are regularly viral pictures in the UK which create news but turn out to be fakes too – the supposed London Underground sign with the #YouAintNoMuslimBruv hashtag that was widely shared, for example.

Read more: Forget “post-truth": A compelling vision drove Brexit and Trump triumphs

But many people are broadening the definition of fake news to include stories which merely exaggerate an issue or contain half-truths as a means of encouraging self or external censorship. This is all based on the false premise that the effect of fake news on public opinion is significant.

In the UK, it is not even clear fake news is an issue. Despite claims that lies and fake news contributed to the Brexit victory, a Buzzfeed investigation found that, compared to other countries, far from being outright lies, most of the popular dubious stories shared on social media in the UK were ones with kernels of truth that were editorialised by the partisan press. In order to clamp down on supposed fake news, one would have to regulate what is considered important within a story, or how it is presented – a very slippery slope towards censorship.

Indeed, the real issue here is that media outlets have their biases. This is an almost inevitable consequence of a producer or editor having to decide what is important, who to quote and how those within a story are presented. In a recent Institute of Economic Affairs book on the BBC, I examined certain programmes and found that they historically had been relatively biased against views in favour of Britain exiting the EU and free market capitalism, for example.

Read more: "Outmoded" licence fee should be dropped, for the sake of customers and BBC

This “framing”, whether deliberate or inadvertent, is not unique to the BBC of course. But recently it was announced that the BBC is working with Facebook to clamp down on fake news. How broad that definition will be is unclear, but it is surely a bigger risk in the long term to install the idea of an established “truth” on some highly contested issue than to allow the occasional exaggerated story to creep through.

Consider the debate before and during the referendum campaign about whether the EU was in the process of developing its own army. In a public debate, Nick Clegg categorically denied that this was the case, but it has subsequently become clear that senior officials in the EU do desire a joint-fighting force.

The point here is that both sides have a point. Conflating differences of opinion with the very different phenomenon of genuinely fake news is a real danger once one installs a supposed neutral body to be the independent arbiter.

Read more: What exactly is fake news? These MPs have launched an inquiry to find out

There is much more evidence that genuinely fake news filters through to social media in the United States. Just this weekend, in response to Trump’s executive order to temporarily suspend people from certain nations from coming to the US, a fake story flared up on social media that Dubai was threatening to deport US citizens.

Social media gives a medium to these sorts of stories. But a recent economic analysis suggests they may not actually have a big impact on people’s political views. Using data from audiences, fact-checking websites and an online survey, Hunt Allcott and Matthew Gentzkow’s new paper suggests that 14 per cent of Americans used social media for their primary source of news during the election.

Even though there were more pro-Trump fake news stories, the average American only remembered just under one of them. For fake news to have swung the election, coming across these stories would have had to be as persuasive as watching 36 television campaign ads – which seems highly unlikely indeed.

Honest people of all political persuasions should desire decent journalism and seek truth, of course. But reacting to evidence of the very limited phenomenon of genuine fake news with heavy-handed censorship or regulation would be a cure worse than the disease.

Most issues, particularly in politics and economics, are contested, complex and difficult. Tasking one individual or body with truth-telling, or determining what is fake or real in such an environment, is fraught with danger and inherently illiberal.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Media
  • Politics

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Lloyds Bank and Halifax users unable to use app in latest outage

  • Economists urge Bank of England to halt bond sales as borrowing costs climb

More from Morning Wire

  • Burnham takes on ‘rip-off’ discounts and subscriptions in cost of living push

    Politics
    Andy Burnham, Mayor of Greater Manchester, in a suit and glasses, looking serious against a bright sky.
  • Russian propaganda website hit with record ‘pink slime’ payout at High Court

    Life&Style
    Due to the provided information being incomplete, I am unable to generate specific alt text for the image in question. Ple...
  • Mike Ashley slams Burnham’s ‘populist’ plans to revive high street

    Retail
    Mike Ashley in a business setting, wearing a suit, likely discussing sports retail strategy or recent business developments.
  • UK’s AI watchdog flags new OpenAI and Anthropic cyber alarms

    AI
    Smartphone displaying the Claude by Anthropic AI assistant app, showing the app icon and interface.
  • What Burnham’s Sporting Events Bill means for brands and media owners

    Sport Business
    Andy Burnham, Mayor of Greater Manchester, in glasses, showing enthusiasm at a sporting event.
  • Even Claude says AI watermarking is no ‘silver bullet’

    AI
    Claude AI interface showcasing advanced features in a business setting
  • World Cup leads UK spending boost as confidence rebounds

    Banking
    Excited crowd celebrating, a man in an England jersey cheers with arms raised and beer splashing from a cup.
  • David Brent was supposed to be a satire, now he looks like a model for political leaders

    Opinion
    Ricky Gervais as David Brent performing on stage, wearing sunglasses and a patterned vest.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook