Word: minis
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...Amsterdam Stock Exchange, the general stock index stood last week at 229.27, up 60 points in a year. Giant Phillips Electric was up 64%; Royal Dutch Shell was up 53%. In Belgium, prices were at their highest levels since World War II, led by such stocks as Union Minière (mining), up 80% to $945, and the holding company Société Générale...
...where winning or losing may depend on finding out what is in an opponent's mind and concealing what is in one's own, is far more difficult to cope with theoretically. Von Neumann gets at the heart of the strategic conflict through the concept of "Mini-max," the point where the most gain that A can be sure of making meets the amount that B can be sure of limiting A to. Von Neumann's theory of games was developed as part of an effort to understand the economic behavior of individuals in buying-selling...
...itself to defend precarious and far-off regimes on Asia's southern shores. France wants to include Indo-China in the area protected by the alliance; Britain says it is already too late. Out of such a conglomeration is apt to come a maximum of rhetoric and a mini mum of commitment...
...Fuse, No Fuss. A circuit breaker that replaces electric fuses in homes and can't burn out was put on sale by Mechanical Products, Inc. of Jackson, Mich. Called Mini-Breaker, it cuts off current whenever there is an overload or short circuit, needs only a push of a button to restore service. Price: $1.50, or four...
...party has always existed in a thick conspiratorial atmosphere, but since 1948 it has become heavily defensive. Keeping of member ship records has been forbidden, and in the last four years no party cards have been issued. Party records have been destroyed or hidden, public meetings held to a mini mum; use of the telephone and the mails is sharply restricted...