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Topic: Goodharts law


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In the News (Sun 18 Aug 19)

  
  Goodhart's law - Wikipedia, the free encyclopedia
Goodhart's law is the equivalent in the social sciences of the uncertainty principle in physics.
The law was named for its developer, Charles Goodhart (a chief economic advisor to the Bank of England).
The law was first stated in the 1980s in the context of the attempt by the United Kingdom government of Margaret Thatcher to conduct monetary policy on the basis of targets for broad and narrow money, but the idea is considerably older.
en.wikipedia.org /wiki/Goodharts_law   (183 words)

  
 Passings
Goodhart was medical dean at USC from 1953 to 1956.
Goodhart, a 1935 graduate of Occidental College and a 1943 graduate of the Stanford University School of Medicine, was medical dean at USC from 1953 to 1956.
Goodhart was born July 12, 1913, in Riverside, Calif., and attended public schools in Long Beach.
www.usc.edu /uscnews/stories/8951.html   (212 words)

  
 Goodharts law Article, Goodhartslaw Information   (Site not responding. Last check: 2007-10-22)
Ennunciated by, and named for Charles Goodhart (a chief economic advisor to the Bank of England), Goodhart's law is the equivalent in the social sciences of the uncertaintyprinciple in physics.
Though it has been expressed in a variety of formulations,the essence of the law is that once a social or economic indicator is made a target for the purpose of conducting social oreconomic policy, then it will lose the information content that would qualify it to play such a role.
The law was first stated in the 1980s in the context of the attempt by the United Kingdom government of MargaretThatcher to conduct monetary policy on the basis of targets for broad andnarrow money, but the idea is considerably older.
www.anoca.org /economic/social/goodharts_law.html   (192 words)

  
 Former Keck School Dean Gordon B. Goodhart, 89
Gordon B. Goodhart, who served as dean of the Keck School of Medicine in the mid-1950s, has died.
Goodhart, a 1935 graduate of Occidental College and a 1943 graduate of the Stanford School of Medicine, was medical dean at USC from 1953 to 1956.
Goodhart was born July 12, 1913 in Riverside, and attended public schools in Long Beach.
www.usc.edu /uscnews/stories/8913.html   (243 words)

  
 Cyberlibris blog: The Elusive Quest for the Catch-all Corporate Metric
The law is named after Professor Charles A. Goodhart, Norman Sosnow Professor of Banking and Finance at the London School of Economics, who crafted with central banking in mind (see Download Goodharts_Law.pdf).
Goodhart's law is a sociological analogue of Heisenberg's uncertainty principle in quantum mechanics.
The last re-phrasing of the law is clear: Too much emphasis on a measure as a target kills the measure that may have been a good one in the first place.
cyberlibris.typepad.com /blog/2004/11/the_elusive_que.html   (1031 words)

  
 Hurwitz & Fine, P.C.
New York has laws that prevent employers in the private sector from taking adverse employment actions against employees involved in “whistle blowing” activities.
In addition, this law provides the employer with a defense to an employee’s action; the employer will not be liable if the employment decision was based upon other legitimate reasons.
Its reasons were that it did not violate any law, rule or regulation and even if there was a violation, there was no threat to the health of safety of the public.
www.hurwitzfine.com /shownews.php?type=employment&id=11   (2381 words)

  
 exam&assessment   (Site not responding. Last check: 2007-10-22)
Charles Goodhart was a chief economist at the bank of England.
Goodharts Law states "performance indicators lose their usefulness when used as objects of policy." (Wiliam, 2001).
Performance in comparison to other countries is reasonable, nevertheless Goodharts Law shows that the performance may be declining or unchanged due to schools manipulating performance levels by encouraging students to opt for an easier subject.
www.newman.ac.uk /students_websites/~k.d.holmes/emmaJ.htm   (1371 words)

  
 Goodhart's law - Encyclopedia Glossary Meaning Explanation Goodhart's law   (Site not responding. Last check: 2007-10-22)
Goodhart's law - Encyclopedia Glossary Meaning Explanation Goodhart's law.
Here you will find more informations about Goodhart's law.
The orginal Goodhart's law article can be editet
www.encyclopedia-glossary.com /en/Goodharts-law.html   (233 words)

  
 [No title]
Arthur Lehman Goodhart (1891-1978) was born in New York City, the son of a prominent Wall Street stockbroker and the nephew on his mother's side of Herbert Lehman, governor of New York and later senator, and of Irving Lehman, chief judge of the New York Court of Appeals.
Goodhart also made a reputation as a great exponent of Anglo-American friendship and co-operation, which was reflected in his own life and career.
Following these sections are Goodhart's literary and academic papers, which cover a broad range of subjects, and are by and large arranged chronologically, except for papers on the Warren Commission, the Middle East and the Watergate scandal, subjects which occupied Goodhart in his later years and which have been kept together.
www.bodley.ox.ac.uk /dept/scwmss/wmss/online/modern/goodhart/goodhart000.html   (5301 words)

  
 THE SCHOLAR'S TALE
More of me in a moment; his name was Andrew Goodhart, and in almost every way he was the complete opposite of me. Outgoing, full of good nature, hair blond and curly, eyes clear blue, face combining a classical beauty with a wicked smile, voice already broken, body sturdy and athletic.
All the time the Goodharts were free to have me in August, my parents were booked to attend a variety of meetings and conferences throughout the country.
Andrew was determined that the fiasco of the summer should not be repeated, and this time the Goodharts interceded directly with my parents by writing to ask if they could steal me for at least part of the time.
www.asstr.org /nifty/gay/highschool/the-scholars-tale/the-scholars-tale-1-11.html   (22033 words)

  
 General Surfing
Law school opened the most doors, he seemed to be saying, but don't get caught in your own equivalent of a toilet-paper investigation.
I told my father that law school was off and that I was taking a job, at about $115 a week, as a reporter at a weekly newspaper in Maryland.
I assume that this law has passed muster among the parliamentary draftsmen who must now be fleeing the Palace of Westminster for the Corporation's luxury suites in Portland Place.
aroundabout3.blogspot.com   (11684 words)

  
 Goodhart's Law: Its Origins, Meaning and Implications for Monetary Policy (SMEALSearch) - Pal,Rangaswamy,Giles,Debnath   (Site not responding. Last check: 2007-10-22)
this paper we explain Goodhart's Law and the context in which it arose, and discuss whether it has the qualities that will help it survive over time.
Mainly this requires that it can be adapted to new circumstances as the world changes.
Gresham's law, for example, was invented to describe the problems that arose from the artificial fixing of gold and silver prices but it turned out to have applicability to a wider range of monetary regimes wherever currency substitution was possible.
smealsearch2.psu.edu /18199.html   (278 words)

  
 1808 - James Glenn - 1888
Lutitia Goodhart was my loving and faithful wife for thirty-eight years and since this task is undertaken, primarily for the purpose of informing our children concerning the blood relationship of their predecessors, it is but natural that father and mother appear on terms of equality.
She was the daughter of William and Mary Jane Goodhart and was born on a farm not far from Farmer's Mills in Center County, Pennsylvania, February 23, 1878.
He was in the mother's home at Center Hall, when he married and later bought the home and built a large store room and facilities to accommodate his enlarged furniture and undertaking business.
www.artglenn.com /family/Glenn/GLENN.htm   (22123 words)

  
 3.Money
Broader aggregates are liable to have their velocity shift, whereas with many narrower measures there may not exist causality.
Moreover, Goodharts Law states that any statistical relationship will break down when used for policy purposes.
This is because in a sophisticated financial system private agents will be able to substitute between instruments to avoid monetary rules.
www.maths.tcd.ie /local/JUNK/econrev/ser/html/debates.html   (3718 words)

  
 Stumbling and Mumbling: Goodhart's law: a codicil
A new paper from the Bank of England puts a twist onto Goodhart's law.
This finding raises the possibility that some people will call for the inflation target to be raised, as a little more inflation would allow unemployment to fall.
It would invite Goodhart's law to work again.
stumblingandmumbling.typepad.com /stumbling_and_mumbling/2004/10/goodharts_law_a.html   (246 words)

  
 Bob T from Lancaster or Brian - Topic Powered by Groupee Community   (Site not responding. Last check: 2007-10-22)
He did work at a Butcher shop, but they closed down when the owner died.
I Was a 20 year patron to K & G meats & Grill.
September 13, 2004 10:05 PM Bryan, He worked at a place in Conestoga, Goodharts I think it was called.
tvwbb.infopop.cc /groupee/forums/a/tpc/f/1780069052/m/9230081962   (573 words)

  
 THE SCHOLAR'S TALE: PART 2
The Goodharts guided me with practical solicitude through the confusion of the next ten days.
Whether Father had burnt the wills out of carelessness, or as an act of reconciliation to me, was an enigma I never solved.
The mills of the law ground slowly, but eventually declared me the sole beneficiary of an estate which, even after death duties, was respectable.
www.nifty.org /nifty/gay/highschool/the-scholars-tale/the-scholars-tale-15.html   (3496 words)

  
 Cyberlibris blog: Ideas
The second thing has to do with copyright and copyright enforcement.
I am willing to sue anyone who would, in violation of my copyright, reproduce any theory or proof from this book, either from past editions or from the current one.
Have you ever noticed that we have a marked tendency to view bargaining situations as a zero-sum game: What you gain is what I lose and vice-versa.
cyberlibris.typepad.com /blog/ideas   (6558 words)

  
 Archives: Surnames, Queries and Researchers
GOODHART posted by Kathy Berger on Friday, October 15, 1999
I know that there were many Goodharts in the Reading area in the 1800s.
I have record of an Estella May Angstadt married to Peter Neikirch L. Goohart in the very early 1900s.
www.rootsweb.com /~paberks/Archives/query/1999-2000/query004.html   (4806 words)

  
 FJDBio   (Site not responding. Last check: 2007-10-22)
In early May, 1891, he and Julia became engaged.
Julia's uncle, Albert Goodhart, wrote from New York to congratulate the bride-to-be on her choice of FJD, who, Albert understood, was a "very estimable gentleman." Albert also wanted Julia to congratulate FJD on his "excellent choice."
The bridesmaids were Julia's sister, May Seeman, and FJD's sister, Blanche Dreyfous.
mywebpages.comcast.net /jeiseman1/page19.html   (483 words)

  
 ThothWeb - Your Portal to the Unknown   (Site not responding. Last check: 2007-10-22)
Qin Shihuang, who ruled under the name "First Emperor" in 221-10BC, is thought to have ordered the building of a large underground tomb at the age of 13.
His reputation was that of a unifier who brought in a single currency, the rule of law and written language before he died of a lethal concoction of mercury at the age of 49.
Supreme Court rules Major League baseball exempt from anti-trust laws
www.thothweb.com /article-topic20-page7.html   (1998 words)

  
 3.Money
Nevertheless the Commission (1990) argues that foreign direct investment responds positively to exchange rate stability and exchange rate stability is highly valued by industrialists.
The introduction of the ECU will mean that equivalent securities become substitutes and so the law of one price will be obtained in securities markets throughout the EU.
The first one was John Laws bank from early 18th century France, and the chaotic and inflationary experience of this scheme was hardly one to inspire confidence.
www.maths.tcd.ie /local/JUNK/econrev/ser/html/3mon.html   (20144 words)

  
 PA State Archives - MG-31 - Container Listings - Theodore Burr Covered Bridge Society Papers   (Site not responding. Last check: 2007-10-22)
Lisburn Bridge, photograph, history of the town Lisburn, and 2 descriptive forms (folder 5)
Bowmansdale Bridge or Goodharts Mill, photograph, newspaper article about the dismantling of the bridge, and 2 descriptive forms (folder 6)
Law Bridge, above Conneaut Creek, descriptive form (folder 11)
www.phmc.state.pa.us /bah/dam/mg/ys/m31ys.htm   (10075 words)

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