Charles Goodhart
Charles Albert Eric Goodhart, (born 23 October 1936) is a British economist. He was a member of the Bank of England's Monetary Policy Committee from June 1997 to May 2000 and a professor at the London School of Economics (1985–2002, Emeritus Professor since 2002). He is the developer of Goodhart's law, an economic law named after him. He is the son of Arthur Lehman Goodhart, and the brother of William Goodhart and Sir Philip Goodhart. Education. Goodhart attended Eton College, followed by Trinity College, Cambridge, at which he was a scholar with First Class Honours in  Economics Tripos. He went on to Harvard Graduate School of Arts and Sciences, where he gained a PhD in 1963. Career. From 1955 to 1957, Goodhart completed his National Service, in which he was a 2nd Lieutenant with the King's Royal Rifle Corps. From 1963 to 1964, he was an Assistant Lecturer in Economics at Cambridge University. This was followed by a stint as an Economic Adviser at the Department of Economic Affairs (UK) from 1965 to 1967, under the Labour government of Harold Wilson. In 1967, Goodhart became a lecturer in Monetary Economics at the London School of  Economics, staying until 1969. He was an adviser at the Bank of England from 1969 to 1980, with particular reference to monetary policy. He was subsequently a chief adviser from 1980 to 1985. In 1997, he became an External Member of the Monetary Policy Committee in 1997, staying in the role until 2000. From 1990 to 1997, Goodhart was a member of the Advisory Committee at the Hong Kong Exchange Fund. Meanwhile, he was Norman Sosnow Professor of Banking and Finance at the London School of Economics from 1985 to 2002, and has been an Emeritus Professor since then. He  has also been a member of the Financial Markets Group at the LSE since 1987. He is a Fellow of the British Academy.