According to the party's website, the New Economics Party was founded in September 2011 and was led by Deirdre Kent, Laurence Boomert, and Phil Stevens.[1][better source needed]
The party advocated for substantial economic reform, including a universal basic income, re-regulation of the banking system, monetary reform including a system of multiple currencies, and to "remove the imperative for growth". It also sought a system whereby the Treasury would issue tax vouchers and trade them to buy land, using revenue on that land to pay dividends to the public.[2][3]