Investment Rarities Incorporated
History |  Q & A  |  Endorsements  |  Portfolios  | Flatware | Gold Coins  |  Silver Coins  |  Contact |  Home


Jim Cook



Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

..Read More »

The Best of Jim Cook Archive


Condensed Articles

October 30, 2015

archive print


By Llewellyn H. Rockwell, Jr.


“The current veneration of equality is, indeed, a very recent notion in the history of human thought. Among philosophers or prominent thinkers the idea scarcely existed before the mid-eighteenth century; if mentioned, it was only as the object of horror or ridicule.” Murray Rothbard

An aspect of equality that’s been in the news is income inequality. We are told how terrible it is that some people should have so much more than others, but rarely if ever are we told how much (if any) extra wealth the egalitarian society would allow the better-off to have.

The reason the state holds up equality as a moral ideal is precisely that it is unattainable. We may forever strive for it, but we can never reach it. “Equality cannot be imagined outside of tyranny,” said Montalembert. It was, he said, “nothing but the canonization of envy, [and it] was never anything but a mask which could not become reality without the abolition of all merit and virtue.”

In the course of working toward equality, the state expands its power at the expense of other forms of human association, including the family itself. The obsession with equality, in short, undermines every indicator of health we might look for in a civilization. It involves a madness so complete that although it flirts with the destruction of the family, it never stops to consider whether this conclusion might mean the whole line of thought may have been deranged to begin with. It leads to the destruction of standards – scholarly, cultural, and behavioral. It is based on assertion rather than evidence, and it attempts to gain ground not through rational argument but by intimidating opponents into silence. There is nothing honorable or admirable about any aspect of the egalitarian program.