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Goodhart's law
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English
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Etymology
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Named after British economist
Charles Goodhart
(1936–), who originated it.
Proper noun
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Goodhart
's
law
The idea that, when a
measure
becomes a
target
, it ceases to be a good measure; originally, "as soon as the government attempts to regulate any particular set of financial assets, these become unreliable as indicators of economic trends".
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