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Quote by Milton Friedman
The only relevant test of the validity of a hypothesis is comparis

The only relevant test of the validity of a hypothesis is comparison of prediction with experience. – Milton Friedman

Other quotes by Milton Friedman

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And thats why its so essential to preserving individual freedom. – Milton Friedman

Category:
Freedom
Author
Milton Friedman
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Other Quotes from
Experience
category

I think everyone should experience defeat at least once during their career. You learn a lot from it. – Lou Holtz

Category:
Experience

Let us with caution indulge the supposition that morality can be maintained without religion. Reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principle. – George Washington

Category:
Experience

Sex without love is a meaningless experience, but as far as meaningless experiences go its pretty damn good. – Woody Allen

Category:
Experience

Ive learned through experience that life is never that bad. The secret is just paying attention to how you feel and not letting anyone else dictate what in your heart you know is right. – Dana Plato

Category:
Experience

Random Quotes

It was a real surprise to me to come across the evidence that Christianity might once have been a danced religion. Certainly, some of the early church leaders thought this was great and spoke of what seems to have been circle dancing, perhaps around an altar. – Barbara Ehrenreich

Category:
Religion

The work an unknown good man has done is like a vein of water flowing hidden underground, secretly making the ground green. – Thomas Carlyle

Category:
Custodian Thanks

Im human, Im not perfect. I make mistakes all the time, but I guess my job is to keep those mistakes to myself, which Im already fine doing and just try to be the best I can be for those kids. – Selena Gomez

Category:
best

Nicole will come up in conversations where its in a part of the conversation. Or we may be somewhere and I would tell some story about their mother and I. You know, we always honor her birthday. – O. J. Simpson

Category:
Birthday