Showing posts with label Charles Goodhart. Show all posts
Showing posts with label Charles Goodhart. Show all posts

"Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes." - Charles Goodhart

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"Any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes." - Charles Goodhart
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"When a measure becomes a target, it ceases to be a good measure." - Charles Goodhart

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"When a measure becomes a target, it ceases to be a good measure." - Charles Goodhart
Full quote »