Goodhart's law
id:
goodhart-s-law-184-15237962
title:
Goodhart's law
text:
Goodhart's law is an adage often 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 United Kingdom:
Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes. It was used to criticize the British Thatcher government for trying to conduct monetary policy on the ba
brand slug:
wiki
category slug:
encyclopedia
description:
Adage about statistical measures
original url:
https://en.wikipedia.org/wiki/Goodhart%27s_law
date created:
2002-12-20T18:43:45Z
date modified:
2024-09-07T17:41:39Z
main entity:
{"identifier":"Q2575082","url":"https://www.wikidata.org/entity/Q2575082"}
image:
fields total:
13
integrity:
15