Charles Goodhart
Charles Albert Eric Goodhart, (born 23 October 1936) is a British
economist. He worked at the
Bank of England on its public policy from 1968–1985, and worked at the
London School of Economics from 1966–1968 and 1986–2002. Charles Goodhart's work focuses on central bank governance practices and monetary frameworks. He also conducted academic research into
foreign exchange markets. He is best known for formulating
Goodhart's Law, which states: "When a measure becomes a target, it ceases to be a good measure."
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