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Goodhart's law is an adage often stated as, "When a measure becomes a target, it ceases to be a good measure". [1] It is named after British economist Charles Goodhart, who is credited with expressing the core idea of the adage in a 1975 article on monetary policy in the United Kingdom: [2]
When the going gets tough, the tough get going; When the oak is before the ash, then you will only get a splash; when the ash is before the oak, then you may expect a soak; When you have seen one, you have seen them all; What is learnt in the cradle lasts to the tombs; What the eye does not see, the heart does not grieve over
What's done cannot be undone. – To bed, to bed, to bed!" [3] Shakespeare did not coin the phrase; it may actually be a derivative of the early 14th-century French proverb: Mez quant ja est la chose fecte, ne peut pas bien estre desfecte, which is translated into English as "But when a thing is already done, it cannot be undone".
Becoming a parent can be one of the most rewarding—yet challenging—things you can do in life. Raising your munchkins to be semi-decent members of society is a tough mission, especially while ...
The correct quote is 'If you build it, he will come.' 'Wall Street' Though Gordon Gekko definitely thinks greed is good, his quote is actually 'Greed, for lack of a better word, is good.'
These meaningful quotes from writers, activists, artists, and politicians will inspire you to take action and help others on World Humanitarian Day this August. 30 World Humanitarian Day Quotes ...
Management by objectives (MBO), also known as management by planning (MBP), was first popularized by Peter Drucker in his 1954 book The Practice of Management. [1] Management by objectives is the process of defining specific objectives within an organization that management can convey to organization members, then deciding how to achieve each objective in sequence.
Campbell's law is an adage developed by Donald T. Campbell, a psychologist and social scientist who often wrote about research methodology, which states: . The more any quantitative social indicator is used for social decision-making, the more subject it will be to corruption pressures and the more apt it will be to distort and corrupt the social processes it is intended to monitor.