The Cobra Effect, Goodhart's Law and The Lucas' Critique

We discuss three fun and catchy adages that are all about the complexity of the world and unintended consequences of policy.

[@yodasoja2011]

Great video! I especially liked how you showed to avoid Goodhart's law by measuring the outcome directly and having the metric be directly related to the outcome we desire.

[@Grunk369]

Bruh I be like “banana Anna” and you say “damn bruh that’s pretty cool”. Thoughts?????