In 1971, the Committee to Form a Libertarian Party was established to determine if a new political party was needed, or if one of the existing political parties was suitable. It has been documented that Richard Nixon’s 90 day price and wage freeze in August of that year was a deciding factor in the decision to form the LP.
On 11 December, the committee pulled the trigger, and the committee was replaced by the Libertarian Party. Notice was published in Reason Magazine and possibly other places, which helped efforts to bootstrap the party going into its First National Convention.
The Libertarian Party of California is pleased to be celebrating 46 years of offering voters a ballot choice that stands by principles and liberty. We are now the 3rd largest political party in the United state and quickly growing. No just in our own country but we have seen our values have spread internationally (http://www.ialp.com/).
Happy Birthday Libertarian Party!