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Political Spending: Civic Engagement is Not a Threat to Democracy

January 1, 2018  •  By IFS Staff  •    •  

The First Amendment guarantees every American freedom of speech. That freedom includes the right to spend money on speech. Without money, a political group cannot buy ads, print fliers, organize protests, or hire staff. Short of shouting one’s opinions on a street corner, it takes money to spread a message. Recognizing this relationship, the Supreme Court has long prohibited the…

Fooling the Court

Bradley A. Smith, Chairman and Founder
March 1, 2006   •  By Brad Smith   •  ,

The two cases we’ve been discussing this week share, in my mind, a defining characteristic: each involves attempts to fool the Court about what ...

Much More of the Same: Television Advertising Pre- and Post-BCRA

January 1, 2006   •  By IFS staff   •  , ,

Before the passage of the Bipartisan Campaign Reform Act (BCRA), television advertising was the main way candidates for office communicated with voters. Before the passage of ...

Unrepresentative Information: The Case of Newspaper Reporting on Campaign Finance

June 6, 2005   •  By IFS staff   •  , ,

This paper examines evidence of sampling or statistical bias in newspaper reporting on campaign finance. We compile all stories from the five largest circulation newspapers ...

When Do War Chests Deter?

January 1, 2005   •  By IFS staff   •  , ,

Do war chests deter challengers? And if so, under what circumstances do they deter? An anecdote reveals one circumstance when war chests may deter.

War Chests as Precautionary Savings

December 1, 2004   •  By IFS staff   •  ,

Conventional wisdom states that incumbents possess resources that prevent quality candidates from challenging them. This is a potential problem because quality challengers are more likely to ...

Did Firms Profit from Soft Money?

March 15, 2004   •  By IFS staff   •  , ,

This paper uses event study methodology to measure whether firms that gave soft money to political parties received excessively high rates of returns from their ...

Pay to Play: Parties, Interests, and Money in Federal Elections

January 1, 2004   •  By IFS staff   •  ,

This chapter first appeared in The Medium and the Message:  Television Advertising and American Elections, edited by Kenneth Goldstein and Patricia Strach (Englewood Cliffs, ...

The Benefits of Campaign Spending

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September 4, 2003   •  By IFS staff   •  , ,

Critics of American politics often say that spending on electoral campaigns harms our democracy and charge that the money goes for cynical, negative, and ...

This Is Reform? Predicting the Impact of the New Campaign Financing Regulations

November 20, 2002   •  By IFS staff   •  , ,

McCain-style campaign finance regulation is the new campaign reality. But what exactly will this reformist utopia look like? Assessing the “reformed” campaign of the future against the stated ...

Public Opinion and Campaign Finance: Reformers Versus Reality

October 1, 2002   •  By IFS staff   •  , ,

I n the 2000 race for the presidency, Arizona senator John McCain promoted campaign finance reform as a partial remedy for widespread citizen cynicism toward politics. On ...

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