ACT enters the 11th year of its life in remarkably buoyant spirits, despite suffering its worst ever election result last year (1.5%), the biggest fall of any party in the election (109,000 party votes), and the loss of seven of its nine talented members of parliament. So why is ACT feeling so optimistic? The 2005 election result was without doubt a serious setback for the political party that has been New Zealand’s most radical and vigorous standard bearer for liberal ideas. But those ideas and the movement for rolling back statism and defending and advancing individual freedom are far from...