Hutber's law
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Hutber's law states that "improvement means deterioration".
It is founded on the cynical observation that a stated improvement actually hides a deterioration.
The term has seen wide application in business, engineering and risk analysis.
It was first articulated by Patrick Hutber, an economist and journalist working for The Daily Telegraph in London.
Hutber is also credited with inventing the concept of Tax Freedom Day.
See also
- Adages named after people
- Law (principle)
- List of eponymous laws
- Newspeak
- Parkinson's law
- Unintended consequence
References
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