"James L. Huffman, former Dean of Lewis & Clark Law School and the 2010 Republican nominee for Senate from Oregon, has an op-ed in Monday’s WSJ explaining how his experience as a political candidate convinced him that mandatory disclosure of campaign contributions is a bad idea.
The reality is that public disclosure serves the interests of incumbents running for re-election by discouraging support for challengers. Here’s how it works.
A challenger seeks a contribution from a person known to support candidates of the challenger’s party. The potential supporter responds: “I’m glad you’re running. I agree with you on almost everything. But I can’t support you because I cannot risk getting my business crosswise with the incumbent who is likely to be re-elected.” . . ."
The Costs of Campaign Contribution Disclosure
The Volokh Conspiracy:
