The Financial Times today published a comment by Bruce Ackerman and Ian Ayres, Secret political donations can end the secret deals. It begins
Tony Blair of the UK is following Brazil's Luiz Inacio Lula da Silva and Germany's Helmut Kohl in the long line of world leaders to become embroiled in campaign finance issues. There will be many more scandals in the future unless reformers do some fresh thinking.
That fresh thinking starts with an analogy to the ballot box, which a little more than a century ago was as transparently a marketplace as is contemporary political campaign finance. Think about it this way: If campaign contributions were secret, the Coushattas could have conned Jack Abramoff. That would be a good thing.
Bill Corbett