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

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. – Milton Friedman

Category:
Freedom
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Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless. – Milton Friedman

Category:
good
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A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. – Milton Friedman

Category:
Freedom
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Other Quotes from
Experience
category

Donny and Marie was a great experience. I tried so hard to be a great talk show host but its all about relaxing and enjoying it. Marie and I finally figured that out. I would have liked it to continue but Im kind of glad its over because of the phenomenal workload. – Donny Osmond

Category:
Experience

Pure experience is the name I gave to the immediate flux of life which furnishes the material to our later reflection with its conceptual categories. – William James

Category:
Experience

You must learn to make the whole world your school. – Martin H. Fischer (1879–1962)

Category:
Experience

There is no wider gulf in the universe than yawns between those on the hither and thither side of vital experience. – Rebecca West

Category:
Experience

Random Quotes

My parents separated when I was four. It wasnt the smoothest of divorces, but then as my mother always says, you cant have a passionate marriage without a passionate divorce. – Sophie Ellis Bextor

Category:
Marriage

Journalism is the ability to meet the challenge of filling space. – Rebecca West

Category:
Media

We should not say that one mans hour is worth another mans hour, but rather that one man during an hour is worth just as much as another man during an hour. Time is everything, man is nothing: he is at the most times carcass. – Karl Marx

Category:
Time

Weeping bride, laughing wife, laughing bride, weeping wife. – Proverb

Category:
Marriage