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"When a measure becomes a target, it ceases to be a good measure" [0] [0] https://en.wikipedia.org/wiki/Goodhart%27s_law https://en.wikipedia.org/wiki/Goodhart
by txru 7y ago
"When a measure becomes a target, it ceases to be a good measure" [0]
[0] https://en.wikipedia.org/wiki/Goodhart%27s_law https://en.wikipedia.org/wiki/Goodhart%27s_law
- ars 7y agoIt's not a measure though, lower prices are the target. That law only applies when the ultimate desired goal is different from the target. When the target is the goal then using it as a measure works perfectly.