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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 most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes. – Milton Friedman

Category:
Government
Author
Milton Friedman
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Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. – Milton Friedman

Category:
Government
Author
Milton Friedman
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Other Quotes from
Experience
category

Judgement comes from experience, and experience comes from bad judgement. – Simon Bolivar

Category:
Experience

The great awareness comes slowly, piece by piece. The path of spiritual growth is a path of lifelong learning. The experience of spiritual power is basically a joyful one. – M. Scott Peck

Category:
Experience

Have you noticed in your past experience that your kind interpretations were almost always truer than you harsh one? – Lawrence G. Lovasik

Category:
Experience

To reach something good it is very useful to have gone astray, and thus acquire experience. – Saint Teresa of Avila

Category:
Experience

Random Quotes

In deep sadness there is no place for sentimentality. – William S. Burroughs

Category:
sad

Everyone is interested in war, in that people dont want it to happen. Im much more interested in peace than in war but its important to understand why we fight. – Michael Morpurgo

Category:
Peace

You are educated. Your certification is in your degree. You may think of it as the ticket to the good life. Let me ask you to think of an alternative. Think of it as your ticket to change the world. – Tom Brokaw

Category:
Graduation

Funeral pomp is more for the vanity of the living than for the honor of the dead. – Francois de la Rochefoucauld

Category:
Funerals