Overregulating think tanks sets a dangerous precedent  The public scrutiny on think tank funders may backlash on perfectly innocent investors. Investors may be accused of corruption if think tanks that share their values independently reach favourable conclusions. Alternatively, minor investors may become guilty by association, for instance, if notorious companies or political parties have been seen supporting the same think tanks – even if this is done for completely different reasons. The motivations of think tanks cannot be made synonymous with their funders, but these funders should also not be made synonymous with each other. Thus for example Policy exchange is both seen as a think tank for UK conservative modernisers – the progressive wing of the party while also having been labelled as a “neo-con attack dog”. [1]  [1] Helm, Toby, and Hope, Christopher, “The top twelve think tanks in Britain”, The Telegraph, 24 January 2008,