Charles Goodhart
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Charles Goodhart
Charles Albert Eric Goodhart, (born 23 October 1936) is a British economist. His career can be divided into two sections: his term with the Bank of England and its associated public policy; and his academic work with the London School of Economics. Charles Goodhart's work focuses on central bank governance practices and monetary frameworks. He also conducted academic research into Foreign exchange market, foreign exchange markets. He is best known as the founder of Goodhart's law, Goodhart's Law, which states: "When a measure becomes a target, it ceases to be a good measure." Early life and education Charles Goodhart was born on 23 October 1936 to an American Jew, Arthur Lehman Goodhart, and his English wife, Cecily Carter, in Oxford, England.  Arthur Lehman Goodhart studied law at Trinity College, Cambridge, Trinity College, Cambridge, eventually becoming a law don at Corpus Christi College, Cambridge, Corpus Christi College. Following the family's move to Oxford, Charles' f ...
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University Of Cambridge
, mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Scholars of the University of Cambridge , type = Public research university , endowment = £7.121 billion (including colleges) , budget = £2.308 billion (excluding colleges) , chancellor = The Lord Sainsbury of Turville , vice_chancellor = Anthony Freeling , students = 24,450 (2020) , undergrad = 12,850 (2020) , postgrad = 11,600 (2020) , city = Cambridge , country = England , campus_type = , sporting_affiliations = The Sporting Blue , colours = Cambridge Blue , website = , logo = University of Cambridge logo ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Robin Matthews (economist)
Robert (Robin) Charles Oliver Matthews (16 June 1927 – 19 June 2010) was an economist and chess problemist. Matthews was born in Edinburgh. He was educated at Edinburgh Academy and Corpus Christi College, Oxford, and was a Fellow of All Souls College, Oxford. He was the Drummond Professor of Political Economy at Oxford from 1965 to 1975 and the Professor of Political Economy at Cambridge from 1980 to 1991. He was also the Master of Clare College, Cambridge Clare College is a constituent college of the University of Cambridge in Cambridge, England. The college was founded in 1326 as University Hall, making it the second-oldest surviving college of the University after Peterhouse. It was refounded ... from 1975 to 1993. As a chess problemist he specialised in the composition of directmate three-movers, a field in which he was recognised as one of the world's leading exponents. Matthews wrote many books on economics, among which: * ''The Trade Cycle'', Cambridge Univer ...
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Frank Hahn
Frank Horace Hahn FBA (26 April 1925 – 29 January 2013) was a British economist whose work focused on general equilibrium theory, monetary theory, Keynesian economics and critique of monetarism. A famous problem of economic theory, the conditions under which money, which is intrinsically worthless, can have a positive value in a general equilibrium, is called "Hahn's problem" after him. One of Hahn's main abiding concerns was the understanding of Keynesian (Non-Walrasian) outcomes in general equilibrium situations. Biography Early life and education Frank Hahn was born on 26 April 1925 in Berlin to Arnold and Maria Hahn, their roots in German and Czech speaking Jewish communities respectively. Arnold Hahn was a chemist by profession and a writer. Arnold and Maria Hahn with their two sons, Peter and Frank, moved to Prague in 1931 (or possibly 1934) and left for England in 1938. Frank's older brother was Peter Hahn (8 November 1923 – 28 August 2007) who became an eminent ...
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Joan Robinson
Joan Violet Robinson (''née'' Maurice; 31 October 1903 – 5 August 1983) was a British economist well known for her wide-ranging contributions to economic theory. She was a central figure in what became known as post-Keynesian economics. Biography Before leaving to fight in the Second Boer War, Joan's father, Frederick Maurice, married Margaret Helen Marsh, the daughter of Frederick Howard Marsh, and the sister of Edward Marsh, at St George's, Hanover Square. Joan Maurice was born in 1903, a year after her father's return from Africa. During World War II, Robinson worked on a few different Committees for the wartime national government. During this time, she visited the Soviet Union as well as China, gaining an interest in underdeveloped and developing nations. Robinson was a frequent visitor to Centre for Development Studies (CDS), Thiruvananthapuram, India. She was a visiting fellow at the Centre in the mid-1970s. She instituted an endowment fund to support public lec ...
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Richard Kahn, Baron Kahn
Richard Ferdinand Kahn, Baron Kahn, CBE, FBA (10 August 1905 – 6 June 1989) was a British economist. Kahn was born in Hampstead into the orthodox Jewish family of Augustus Kahn, inspector of schools and former German schoolmaster, and Regina Schoyer. He was brought up in England and educated at St Paul's School, London. He attended King's College, Cambridge. Kahn took a 1st in Mathematics, Part I, at Cambridge, followed in 1927 by a 2nd in Physics in the Natural Sciences tripos. Taught economics by Gerald Shove and John Maynard Keynes from 1927 to 1928, he gained a 1st in Economics, Part II, in 1928. In 1930, he was elected a Fellow of King's College. Kahn worked in the Faculty of Economics and Politics from 1933. He became Director of Studies for economics students at King's College in 1947, a post he held for four years. Kahn was appointed professor of Economics in 1951, and succeeded Keynes as Bursar of King's College. He served in numerous other government and agency ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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King's Royal Rifle Corps
The King's Royal Rifle Corps was an infantry rifle regiment of the British Army that was originally raised in British North America as the Royal American Regiment during the phase of the Seven Years' War in North America known in the United States as 'The French and Indian War.' Subsequently numbered the 60th Regiment of Foot, the regiment served for more than 200 years throughout the British Empire. In 1958, the regiment joined the Oxfordshire and Buckinghamshire Light Infantry and the Rifle Brigade in the Green Jackets Brigade and in 1966 the three regiments were formally amalgamated to become the Royal Green Jackets. The KRRC became the 2nd Battalion, Royal Green Jackets. On the disbandment of the 1st Battalion, Royal Green Jackets in 1992, the RGJ's KRRC battalion was redesignated as the 1st Battalion, Royal Green Jackets, eventually becoming 2nd Battalion, The Rifles in 2007. History French and Indian War The King's Royal Rifle Corps was raised in the American colonies i ...
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Second Lieutenant
Second lieutenant is a junior commissioned officer military rank in many armed forces, comparable to NATO OF-1 rank. Australia The rank of second lieutenant existed in the military forces of the Australian colonies and Australian Army until 1986. In the colonial forces, which closely followed the practices of the British military, the rank of second lieutenant began to replace ranks such as ensign and cornet from 1871. New appointments to the rank of second lieutenant ceased in the regular army in 1986. Immediately prior to this change, the rank had been effectively reserved for new graduates from the Officer Cadet School, Portsea which closed in 1985. (Graduates of the Australian Defence Force Academy (ADFA) and the Royal Military College, Duntroon (RMC-D) are commissioned as lieutenants.). The rank of second lieutenant is only appointed to officers in special appointments such as training institutions, university regiments and while under probation during training. Trai ...
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Suez Crisis
The Suez Crisis, or the Second Arab–Israeli war, also called the Tripartite Aggression ( ar, العدوان الثلاثي, Al-ʿUdwān aṯ-Ṯulāṯiyy) in the Arab world and the Sinai War in Israel,Also known as the Suez War or 1956 War; other names include the ''Sinai war'', ''Suez–Sinai war'', ''1956 Arab–Israeli war'', the Second Arab–Israeli war, ''Suez Campaign'', ''Sinai Campaign'', ''Kadesh Operation'' and ''Operation Musketeer'' was an invasion of Egypt in late 1956 by Israel, followed by the United Kingdom and France. The aims were to regain control of the Suez Canal for the Western powers and to remove Egyptian president Gamal Abdel Nasser, who had just swiftly nationalised the foreign-owned Suez Canal Company, which administered the canal. Israel's primary objective was to re-open the blocked Straits of Tiran. After the fighting had started, political pressure from the United States, the Soviet Union and the United Nations led to a withdrawal by the ...
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Hungarian Revolution Of 1956
The Hungarian Revolution of 1956 (23 October – 10 November 1956; hu, 1956-os forradalom), also known as the Hungarian Uprising, was a countrywide revolution against the government of the Hungarian People's Republic (1949–1989) and the Hungarian domestic policies imposed by the Soviet Union (USSR). The Hungarian Revolution began on 23 October 1956 in Budapest when Student, university students appealed to the civil populace to join them at the Hungarian Parliament Building to protest against the USSR's geopolitical domination of Hungary with the Stalinism, Stalinist government of Mátyás Rákosi. A delegation of students entered the building of Magyar Rádió, Hungarian Radio to broadcast their Demands of Hungarian Revolutionaries of 1956, sixteen demands for political and economic reforms to the civil society of Hungary, but they were instead detained by security guards. When the student protestors outside the radio building demanded the release of their delegation of studen ...
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Eton College
Eton College () is a public school in Eton, Berkshire, England. It was founded in 1440 by Henry VI under the name ''Kynge's College of Our Ladye of Eton besyde Windesore'',Nevill, p. 3 ff. intended as a sister institution to King's College, Cambridge, making it the 18th-oldest Headmasters' and Headmistresses' Conference (HMC) school. Eton is particularly well-known for its history, wealth, and notable alumni, called Old Etonians. Eton is one of only three public schools, along with Harrow (1572) and Radley (1847), to have retained the boys-only, boarding-only tradition, which means that its boys live at the school seven days a week. The remainder (such as Rugby in 1976, Charterhouse in 1971, Westminster in 1973, and Shrewsbury in 2015) have since become co-educational or, in the case of Winchester, as of 2021 are undergoing the transition to that status. Eton has educated prime ministers, world leaders, Nobel laureates, Academy Award and BAFTA award-winning actors, and ge ...
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