Financial rand Financial rand The South African financial rand was the most visible part of a system of capital controls. Although the financial rand was abolished in March 1995, some capital controls remain in place. These capital controls are locally referred to as "exchange controls", although the system has since 1995 moved towards surveillance — recording and reporting to the authorities of foreign currency transactions — rather than control. Capital controls have been in place in South Africa in various guises on an uninterrupted basis since the outbreak of World War II, when Great Britain and its dominions implemented the Sterling area.
The Ayn Rand Cult The Ayn Rand Cult The Ayn Rand Cult is a book by journalist Jeff Walker, published by Open Court Publishing Company in 1999. Walker discusses the history of the Objectivist movement started by novelist and philosopher Ayn Rand, which he describes as a cult. The Objectivist movement began with a small group of Rand's confidants and students who supported her philosophy of Objectivism. This group was at first known informally as "The Collective", and later gained more structure in the form of the Nathaniel Branden Institute (NBI), named after Rand's protege Nathaniel Branden, and a magazine that Rand and Branden