Word: rand
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...Kotell ran the entire libertarian course before joining Black Rose over a year ago. Starting with objectivism, which is a philosophical approach to libertarianism derived from Ayn Rand's theory of "rational egoism," she moved on to MLP and from there to Black Rose...
...most respected jurists. Confirming earlier newspaper accounts of widespread abuses in the Department of Information, an agency formerly controlled by one of South Africa's most powerful politicians, Supreme Court Justice Anton Mostert detailed alleged "improper application of taxpayers' money running into millions." Johannesburg's antigovernment Rand Daily Mail has dubbed the affair South Africa's "Watergate." Whether or not that proves to be the case, the judge's disclosures have shaken the six-week-old regime of Prune Minister Pieter W. Botha and could wreck the career of Minister of Plural Relations Cornelius...
...others sharply dispute the optimists. Rand's Nehring argues that for all the recent exploratory activity, the world's reserves can really be significantly increased only by additional recovery from known fields and by further discoveries of "supergiant" fields containing at least 5 billion bbl. of oil. The 33 known fields in this class account for more than half the world's oil reserves, but discoveries of new supergiants have dropped off. In the 1970s the oil companies have turned up only two fields with such potential: in Mexico and on the Iraq-Iran border...
...Rand Corp.'s vision of ample reserves for some decades ahead but big trouble after that is echoed by many other researchers. Trying a novel approach to assessing the world's reserves, Pierre Desprairies, head of the French Petroleum Institute, recently polled 28 leading oil companies and individual experts on how much oil they thought was economically recoverable at a cost of $20 per bbl., which is about $6 above the going price. The consensus, he reported, was that "the reservoir of oil is large and full"-about 2,000 billion bbl. But there was also general concern...
...quick check-outs by several firms that had hoped to capture a share of the supermarket automation field. After investing heavily in research and marketing studies, General Electric, RCA, Singer, Bunker Ramo and Pitney-Bowes all chose to cut their losses and quit. Now even Sperry Rand, which had bought out RCA's licenses, has withdrawn...