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Goodhart's Law
- webinvest 6y agoGoodhart’s law: “Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes.” And Marilyn Strathern’s generalization of it: “When a measure becomes a target, it ceases to be a good measure.” What are some examples of Goodhart’s Law that you see in the world?
- cwwc 6y agoDefinitely interest rates vis-à-vis the federal reserve. Let me mull over some others