Free Speech or Vote-Buying? Money's Role in Politics Is Overstated, Scholars Say

A libertarian law professor joins the FEC to highlight the 'folly' of regulation

Until two years ago, few people cared what Bradley A. Smith thought about campaign-finance regulation.

Few had read his law-review articles that called limits on contributions, spending, and advertising in federal elections "undemocratic." Few were moved by his sagas of conscientious citizens prosecuted for minor violations of misguided laws. And few were bothered by his

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