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Cake day: June 16th, 2023

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  • Doing a quick Google, it seems like the culling of the electoral roll happened and targeted non-Hindu people more than Hindu people.

    Given the numbers reported in the West Bengal rolls, I would expect that election to be highly impacted by the change in rolls. However, it looks like while the draft SIR got rid of 2,400,000 voters per this article, the final number in Kerala removed was only 53,229 per this article.

    Modi definitely tried to steal the election and I wouldn’t be surprised if it significantly affected some state elections, but it appears like SIR was muted in this state unless you have information I don’t have.

    Also, for others, I converted the commas to a western format since I have issues seeing lakh and crore in the same way that I see thousands and millions.














  • There is a concept in economics called price elasticity, which is how the market adjusts to changes in supply and demand. If there are more alternatives for the product or the product is a luxury, the price is usually considered “elastic” as people will stop using the good over paying more for it.

    Oil is price inelastic. For a lot of equipment, there isn’t an immediate substitute for oil and people need oil to do a lot of important economic activities. So, if there is a reduction in supply, a lot of people will pay more money to make sure they get their oil, which drives up prices far more than the lack of supply would normally suggest.

    That being said, goods are usually more price elastic in the long run. For instance, people might choose an electric car right now over a gas powered car because electric cars now are a lot cheaper in comparison for total use costs.