New Zealand Party

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About New Zealand Party

The New Zealand Party was a political party operating in New Zealand. It was established by millionaire property tycoon Bob Jones, and promoted both social and economic liberalization. The New Zealand Party's motto was "Freedom and Prosperity", and it has sometimes been classified as libertarian (although that term is not particularly common in New Zealand). It failed to win any seats in Parliament, but is sometimes credited with causing the defeat of Robert Muldoon's National Party government in the 1984 election by splitting the vote (i.e. as a spoiler). At the time of the New Zealand Party's foundation in 1983, the Prime Minister was Robert Muldoon. Muldoon was a strong believer in the need for state intervention in the economy, claiming that only with government involvement could New Zealand be prosperous. In accordance with his economic theories, Muldoon introduced the so-called "Think Big" program, which saw massive overseas borrowing to finance large government construction projects. Later, as New Zealand's economy declined and its deficit increased, Muldoon introduced wage and price controls. Bob Jones, a self-made millionaire and author, strongly opposed these policies,

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