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Goodhart's Law: When a measure becomes a target, it ceases to be a good measure

Goodhart's Law: When a measure becomes a target, it ceases to be a good measure

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Goodhart's law is an adage that has been stated as, "When a measure becomes a target, it ceases to be a good measure". It is named after British economist Charles Goodhart, who is credited with expressing the core idea of the adage in a 1975 article on monetary policy in the…

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Goodhart's Law: When a measure becomes a target, it ceases to be a good measure

Goodhart's Law: When a measure becomes a target, it ceases to be a good measure

▲ 229💬 134

Goodhart's law is an adage that has been stated as, "When a measure becomes a target, it ceases to be a good measure". It is named after British economist Charles Goodhart, who is credited with expressing the core idea of the adage in a 1975 article on monetary policy in the…

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