Economics
In the News
Will employers take a free ride on apprenticeships?
18th April 2017
Here is a Guardian editorial packed full of evaluation of the latest attempt to beef-up vocational training via apprenticeships. In it, there's an acknowledgement of the difficulties of policy-making, an application of 'Goodhart's Law', which stated that once something is established as a target, it often ceases to be a meaningful measure of what it used to quantify.
As the article notes, this leads to such targets being 'gamed' and I guess this applies to apprenticeships, as much as it does to monetary aggregates, or the time taken for ambulances to arrive.
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