Goodhart's Law

Podcast: Hotel Bar Sessions · Leigh M. Johnson, Jennifer Kling, Bob Vallier

Opublikowano: 2026-05-15

Somewhere in the last forty years, quantification stopped being one tool of economic governance among others and became the whole operating system. Inside the firm, shareholder value crowded out almost every other account of what a company was supposed to be for. In macroeconomic debate, GDP figures got promoted from diagnostic instrument to final verdict on whether things were going well (never mind what was happening to the people who couldn't afford the rent). Public agencies and universities were quietly retooled around audit regimes and key performance indicators imported from the private sector. The labor process itself now runs...