About Charles Goodhart
Charles Albert Eric Goodhart, 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." During this time Goodhart served as the first secretary of the Monetary Review Committee, who provided summarised views of monetary developments to the Chancellor and Treasury of England. Following the family's move to Oxford, Charles' father became the Professor of Jurisprudence in 1936 and the Master of University College (1951–1963).
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