Economy of Lesotho Swaziland, Namibia, and South Africa also form a common currency and exchange control area known as the Rand Monetary Area that uses the South African rand as the common currency. In 1980, Lesotho introduced its own currency, the loti (plural: maloti). One hundred lisente equal one loti. The Loti is at par with the rand. Until the political insecurity in September 1998, Lesotho's economy had grown steadily since 1992. The riots, however, destroyed nearly 80% of commercial infrastructure in Maseru and two other major towns in the country, having a disastrous effect on the country's economy. Nonetheless, the country has
The Journal of Ayn Rand Studies Journal of Ayn Rand Studies" was a moral and intellectual obligation." The Journal of Ayn Rand Studies The Journal of Ayn Rand Studies (JARS) is an academic journal devoted to the study of Objectivism, the philosophy of Ayn Rand. Established in 1999, its founding co-editors were R. W. Bradford, Stephen D. Cox, and Chris Matthew Sciabarra. At present, the editorial board consists of Cox, Sciabarra, Robert L. Campbell, and Roderick Long. Since 2013, the journal has been published by Penn State University Press. Although the Objectivist movement has been criticized as being a cult of personality, "The Journal of Ayn