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> The Tyranny of Metrics

For people interested in this, I can recommend Tory Sutherland's book or interviews with him on YouTube. Tory is also consistently arguing that businesses and governments are too focused on metrics.

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The worst metric obsession that defines things now is stock price, which really went into overdrive with the financialization of the 70s~80s. Of course financialization was downstream of the money supply and people seeking out returns on their savings in inflationary environments (modern economic theory that thinks never-ending inflation is just a law we must all accept and conform to), which is used a way to finance big government.

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