The media can sometimes fan false hysteria about issues ranging from asbestos to global warming, according to the authors of the new book "Scared to Death."

Christopher Booker and Richard North, guests on this week's "America's Business with Mike Hambrick," said this hysteria can cost businesses billions of dollars when policymakers overreact. Remember the Y2K computer crash that never happened?
 
Access this 5-minute vodcast by clicking on the link below.