1971 (1971st) was a common year starting on Friday of the Gregorian calendar, the 1971st year of the Common Era (CE) and Anno Domini (AD) designations, the 971st year of the 2nd millennium, the 71st year of the 20th century, and the 2nd year of the 1970s decade.
- David Nolan and others form the Committee to Form a Libertarian Party on the 17th of July.
- The Libertarian Party is officially founded on the 11th of December.
- The Libertarian Party of Texas is founded
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