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Tag: economy

  • The Limits of Measurement: Goodhart’s Law in the Modern Economy

    The Limits of Measurement: Goodhart’s Law in the Modern Economy

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    by

    anasfudle
    in

    “When a measure becomes a target, it ceases to be a good measure” — Charles Goodhart (1975) Economics has long relied on indicators to simplify a complex world. Inflation, GDP, unemployment – each distils countless decisions into a single figure. Yet when policymakers start managing to the number rather than the reality it represents, meaning…

  • The Irony of Anti-Immigration Protests and Global Dependency

    The Irony of Anti-Immigration Protests and Global Dependency

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    by

    Fajer Adnan
    in

    The “March for Australia” rallies on August 31 showcased far-right extremism, with participants paradoxically enjoying multicultural cuisine after chanting anti-immigration slogans. This hypocrisy highlights the far-right’s dependency on global interconnections, despite its claims of cultural purity. Moreover, addressing housing crises is misdiagnosed by scapegoating migrants while ignoring systemic causes like supply shortages. Ultimately, the rallies…