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Random GoodHart: a newly discovered LAW Answered

I know this is kind of random, and I just now, moments ago, accidentally discovered this, but there is a GOODHART's LAW  :-)


It states:   once a social or economic indicator or other surrogate measure is made a target for the purpose of conducting social or economic policy, then it will lose the information content that would qualify it to play that role.

This almost sounds like a parallel to the famous Quantum Mechanics rule of effecting the state of a particle by observing it. 

This bulletin was brought to you by the Totally Random Goodhart Reseach and Useless Information Recovery team.  Thanks for reading.

Discussions

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rimar2000
rimar2000

8 years ago

Your clever law is a variation of other law "The implementation of a system changes the conditions that gave rise it, so is automatically outdated".

Years ago I discovered by myself a law that really did exists, that is "when a quantitative variation is large enough, it becomes qualitative". IE: you have an apple, then you get five new apples, it is cuantitative. But if you get a ton of apples, it is qualitative.

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kelseymh
kelseymh

8 years ago

http://en.wikipedia.org/wiki/Goodhart%27s_Law

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Goodhart
Goodhart

Reply 8 years ago

Ah yep.....just stumbled on that a bit ago. :-)

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Goodhart
Goodhart

Reply 8 years ago

;-)

Bumblebee_Say_What__by_SapphireSpring.jpg
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caitlinsdad
caitlinsdad

8 years ago

You can't discover a law, you have to prove there is one. Thou shalt post.

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Goodhart
Goodhart

Reply 8 years ago

I discovered that someone else had proven this law....then :-P

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caitlinsdad
caitlinsdad

Reply 8 years ago

It is reasonable to believe?

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Goodhart
Goodhart

Reply 8 years ago

OH you want me to look up the source again.....*sigh* LOL