Indian elections are notoriously difficult to predict. Just ask the detractors of the Bharatiya Janata Party (BJP), who were left stunned and red-faced by the 2019 election results. They have since recovered and are forecasting the BJP’s defeat with renewed enthusiasm. Good for them! As for me, I’m hoping Narendra Modi secures a third term. […]
Let’s Conduct a Presidential Election Opinion Poll
As the 2024 American presidential election approaches, the media will inundate us with opinion polls forecasting the election. How do pollsters conduct these polls? I will provide a non-technical overview in this post. For this overview, imagine the Biden campaign has hired us to conduct a poll. Contact Method We will telephonically ask (survey) a small subset (sample) of […]
India’s Tiptoe on the Capitalism-Socialism Continuum
Capitalism and socialism are extremes on a continuum of economic systems. Almost all modern economies are a mix of the two. In capitalism, profit-motivated private entities, as opposed to governments, own and manage businesses, and demand and supply drive market prices. In this post, I will use government versus private ownership as the salient difference […]