Formation of The Libertarian Party
President Richard Nixon's 1971 imposition of wage and price controls, as well as his closing of the foreign gold window, were the final straws for Nolan and his group that had initiated a Committee the previous July Committee to Form a Libertarian Party and joined forces with a previous demonstration Libertarian Party project and non-partisan political efforts of the now International Society for Individual Liberty. The group organized among a number of libertarians, including The Society for Individual Liberty, which had been formed by dissident members of Young Americans for Freedom and European libertarians. They officially founded the Libertarian Party on December 11, 1971.
Read more about this topic: David Nolan (libertarian)
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