3 ms·
Given how much is at stake when it comes to government spending and the economy at large, I highly suspect CPI has been a victim of Goodhart's Law for quite som
by BitwiseFool 5y ago
Given how much is at stake when it comes to government spending and the economy at large, I highly suspect CPI has been a victim of Goodhart's Law for quite some time.
"When a measure becomes a target, it ceases to be a good measure"
https://en.wikipedia.org/wiki/Goodhart%27s_law https://en.wikipedia.org/wiki/Goodhart%27s_law