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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 black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people. – Milton Friedman

Category:
Government
Author
Milton Friedman
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Other Quotes from
Experience
category

No student of Chinese history can say that the Chinese are incapable of religious experience, even when judged by the standards of medieval Europe or pious India. – Hu Shih

Category:
Experience

Whatever it is you want to do, take a job in that field. You will learn by experience and, slow and steady, youll get it done! – Rachael Ray

Category:
Experience

Where you are in consciousness has everything to do with what you see in experience. – Eric Butterworth

Category:
Experience

You know, my lifes changed now. Im starting to experience what people are really supposed to do. You supposed to be married. Youre supposed to have a family, kids, treat your wife right. – Mike Epps

Category:
Experience

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Those who in quarrels interpose, must often wipe a bloody nose. – John Gay

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I believe the true function of age is memory. Im recording as fast as I can. – Rita Mae Brown

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I want to have a good body, but not as much as I want dessert. – Jason Love

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I have made this letter longer, because I have not had the time to make it shorter. – Blaise Pascal

Category:
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