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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

Well first of all, tell me, is there some society you know of that doesnt run on greed? You think Russia doesnt run on greed? You think China doesnt run on greed? What is greed? – Milton Friedman

Category:
Society
Author
Milton Friedman
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Other Quotes from
Experience
category

An enormous part of our mature experience cannot not be expressed in words. – Alfred North Whitehead

Category:
Experience

I absolutely believe in the power of tithing and giving back. My own experience about all the blessings Ive had in my life is that the more I give away, the more that comes back. That is the way life works, and that is the way energy works. – Ken Blanchard

Category:
Experience

I think generally Im kind of interested in subjective experience, what goes on inside someones head, that being all they really know of the world. – Charlie Kaufman

Category:
Experience

I discovered early on that some performers live their life in order to act, so all their relationships are simply an experience that they can feed back into their work. Which I find vampiric. – Cate Blanchett

Category:
Experience

Random Quotes

My advice is to look out for engineers. They begin with sewing machines and end up with nuclear bombs. – Marcel Pagnol

Category:
Engineer, Engineering

Far from creating a new formalism, what these can yield is something far transcending surface values since they not only embody form as beauty, but also form in which intuitions or ideas or conjectures have taken visible substance. – Max Bill

Category:
Beauty

There is great beauty in going through life without anxiety or fear. Half our fears are baseless, and the other half discreditable. – Christian Nestell Bovee

Category:
Beauty

To achieve the mood of a warrior is not a simple matter. It is a revolution. To regard the lion and the water rats and our fellow men as equals is a magnificent act of a warriors spirit. It takes power to do that. – Carlos Castaneda

Category:
Men