“…Costas et al (2011), Freille et al (2007), Lederman et al (2005), Adsera et al (2003), Brunetti and Weder (2003), and Besley and Burgess (2002) provide evidence on the importance of a free press in reducing corruption. However, as Johnson et al (2011), Chang et al (2010), and Golden (2006) point out, corruption exists even in advanced democracies. Worse yet, Costas et al (2011), Fernández-Vázquez andRivero (2010), Chang et al (2010), and Reed (2005) show, through Spanish, Italian, and Japanese examples, that such corruption usually makes very little difference in the reelection fortunes of politicians even when it is public knowledge.…”