South African rand losses in the currency to look for higher-yield investments elsewhere and due to concerns over the impact of the economic slowdown in China, South Africa's largest export partner. By mid-January, economists were speculating that the Rand could expect to see further volatility for the rest of 2016. By 29 April, it reached its highest performance over the previous five months, exchanging at a rate of 14.16 to the United States dollar. Following the United Kingdom's vote to leave the European Union (EU), the Rand dropped in value over 8% against the United States dollar on 24 June 2016, the currency's
The Journal of Ayn Rand Studies 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 Rand Studies" often publishes papers by mainstream intellectuals and academics from