{"id":5876,"date":"2007-02-28T14:32:00","date_gmt":"2007-02-28T09:02:00","guid":{"rendered":"https:\/\/www.indiauncut.com\/?p=320"},"modified":"2007-02-28T14:32:00","modified_gmt":"2007-02-28T09:02:00","slug":"on-making-budgets-and-winning-elections","status":"publish","type":"post","link":"https:\/\/indiauncut.com\/on-making-budgets-and-winning-elections\/","title":{"rendered":"On making budgets and winning elections"},"content":{"rendered":"

Niranjan Rajadhyaksha, in a piece titled “Parable of the Shopkeeper<\/a>,” offer us this mind game:<\/p>\n

\n

Suppose you plan to open a shop on a street that is lined with houses. These houses are evenly distributed along the street. There are two things you know at this point of time. There is a competitor who is patiently waiting to open a shop just next to yours. And the customers who live along this street will walk into the shop that is nearest to their homes.<\/p>\n

So, where will you build your store?<\/p>\n<\/blockquote>\n

Well, if you build it at the corner, your competitor will simply build one next to yours but closer to the center, so more people will end up going there. The logical thing, therefore, is to build one close to the center. And that, indeed, is what politicians do. As Niranjan writes:<\/p>\n","protected":false},"excerpt":{"rendered":"

Niranjan Rajadhyaksha, in a piece titled “Parable of the Shopkeeper<\/a>,” offer us this mind game:<\/p>\n

\n

Suppose you plan to open a shop on a street that is lined with houses. These houses are evenly distributed along the street. There are two things you know at this point of time. There is a competitor who is patiently waiting to open a shop just next to yours. And the customers who live along this street will walk into the shop that is nearest to their homes.<\/p>\n

So, where will you build your store?<\/p>\n<\/blockquote>\n

Well, if you build it at the corner, your competitor will simply build one next to yours but closer to the center, so more people will end up going there. The logical thing, therefore, is to build one close to the center. And that, indeed, is what politicians do. As Niranjan writes:<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[],"yoast_head":"\nOn making budgets and winning elections - India Uncut<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indiauncut.com\/on-making-budgets-and-winning-elections\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On making budgets and winning elections - India Uncut\" \/>\n<meta property=\"og:description\" content=\"Niranjan Rajadhyaksha, in a piece titled “Parable of the Shopkeeper,” offer us this mind game: Suppose you plan to open a shop on a street that is lined with houses. These houses are evenly distributed along the street. There are two things you know at this point of time. There is a competitor who is patiently waiting to open a shop just next to yours. And the customers who live along this street will walk into the shop that is nearest to their homes. So, where will you build your store? Well, if you build it at the corner, your competitor will simply build one next to yours but closer to the center, so more people will end up going there. The logical thing, therefore, is to build one close to the center. And that, indeed, is what politicians do. 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