Libertarianism may seem hopelessly marginalized in American politics. The national record of the Libertarian Party since 1972 — the first year it fielded candidates — isn't too bright. Ed Clark, the party's presidential candidate in 1980, received 921,000 votes, the highest ever, but Michael Badnarik, the 2004 nominee, garnered merely 397,000.
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Libertarians' Silver Lining: The third party may not have much electoral success, but its free-market ideals are becoming popular.
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