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We will identify the ring $\mathbb{Z}_n$ of integers modulo $n$ , with the set $\{0,1,\ldots n-1\}$ .
Proof. We write $\epsilon(\sigma)$ for the signature of any permutation $\sigma$ . If $\sigma$ is a circular permutation on a set of $k$ elements, then $\epsilon(\sigma)=(-1)^{k-1}$ . Let $i$ be the order of $m$ in $\Zpstar$ . Then the permutation $\tau_m$ consists of $(p-1)/i$ orbits, each of size $i$ , whence
$$\epsilon(\tau_m)=(-1)^{(i-1)(p-1)/i}$$ If $i$ is even, then $$m^{(p-1)/2}=m^{\frac{i}{2}\frac{p-1}{i}}=(-1)^{\frac{p-1}{i}}=\epsilon(\tau_m)$$ And if $i$ is odd, then $2i$ divides $p-1$ , so $$m^{(p-1)/2}=m^{i\frac{p-1}{2i}}=1=\epsilon(\tau_m).$$ In both cases, the lemma follows from Euler's criterion. 
Lemma 1 extends easily from the Legendre symbol to the Jacobi symbol $\left(\frac{m}{n}\right)$ for odd $n$ . The following is Zolotarev's penetrating proof of the quadratic reciprocity law, using Lemma 1.
Lemma 2 Let $\lambda$ be the permutation of the set $$A_{mn}=\{0,1,\ldots,m-1\}\times \{0,1,\ldots,n-1\}$$ which maps the $k$ th element of the sequence $$(0,0)(0,1)\ldots(0,n-1)(1,0)\ldots(1,n-1)(2,0)\ldots(m-1,n-1),$$ to the $k$ th element of the sequence $$(0,0)(1,0)\ldots(m-1,0)(0,1)\ldots(m-1,1)(0,2)\ldots(m-1,n-1),$$ for every $k$ from $1$ to $mn$ . Then $$\epsilon(\lambda)=(-1)^{m(m-1)n(n-1)/4}$$ and if $m$ and $n$ are both odd,
$$\epsilon(\lambda)=(-1)^{(m-1)(n-1)/4}.$$
Proof. We will use the fact that the signature of a permutation of a finite totally ordered set is determined by the number of inversions of that permutation. The sequence $(0,0),(0,1)\ldots$ defines on $A_{mn}$ a total order $\le$ in which the relation $(i,j)<(i',j')$ means $$i<i'\text{ or }(i=i'\text{ and }j<j').$$ But $\lambda(i',j')<\lambda(i,j)$ means $$j'<j\text{ or }(j'=j\text{ and }i'<i).$$ The only pairs $((i,j),(i',j'))$ that get inverted are, therefore, the ones with $i<i'$ and $j>j'$ . There are indeed $\binom{m}{2}\binom{n}{2}$ such pairs, proving the first formula, and the second follows easily. 
And finally, we proceed to prove quadratic reciprocity. Let $p$ and $q$ be distinct odd primes. Denote by $\pi$ the canonical ring isomorphism $\Zn{pq}\to\Zn{p}\times\Zn{q}$ . Define two permutations $\alpha$ and $\beta$ of $\Zn{p}\times\Zn{q}$ by $\alpha(x,y)=(qx+y,y)$ and $\beta(x,y)=(x,x+py).$ Finally, define a map $\lambda:\Zn{pq}\to\Zn{pq}$ by $\lambda(x+qy)=px+y$ for $x\in\{0,1,\ldots q-1\}$ and $y\in\{0,1,\ldots p-1\}$ . Evidently $\lambda$ is a permutation.
Note that we have $\pi(qx+y)=(qx+y,y)$ and $\pi(x+py)=(x,x+py)$ , so therefore $$\pi\circ\lambda\circ\pi^{-1}\circ\alpha=\beta.$$
Let us compare the signatures of the two sides. The permutation $m\mapsto qx+y$ is the composition of $m\mapsto qx$ and $m\mapsto m+y$ . The latter has signature $1$ , whence by Lemma 1, $$\epsilon(\alpha)=\legsym{q}{p}^q=\legsym{q}{p}$$ and similarly $$\epsilon(\beta)=\legsym{p}{q}^p=\legsym{p}{q}.$$
By Lemma 2, $$\epsilon(\pi\circ\lambda\circ\pi^{-1})=(-1)^{(p-1)(q-1)/4}.$$ Thus $$(-1)^{(p-1)(q-1)/4}\legsym{q}{p}=\legsym{p}{q}$$ which is the quadratic reciprocity law.
Reference
G. Zolotarev, Nouvelle démonstration de la loi de réciprocité de Legendre, Nouv. Ann. Math (2), 11 (1872), 354-362
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