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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

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

Category:
Freedom
Author
Milton Friedman
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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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Other Quotes from
Experience
category

Sometimes you recognize that there is a category of human experience that has not been identified but everyone knows about it. That is when I find a term to describe it. – Brian Eno

Category:
Experience

We have two lives — the one we learn with and the life we live after that. – Bernard Malamud, The Natural

Category:
Experience

Id like to work with Justin Bieber. Hes talented and hes so young. I know what hes going through. Ive lived what hes living through right now. Working with him would complete a circle of sorts for me. And he might find it a worthwhile experience himself. – Donny Osmond

Category:
Experience

Men and women who have served in harms way experience higher rates of divorce and suicide. Many battle the debilitating effects and stigma associated with Post Traumatic Stress Disorder. – Ron Wyden

Category:
Experience

Random Quotes

Ive always been mad about cats. – Vivien Leigh

Category:
pet

In war, you win or lose, live or die – and the difference is just an eyelash. – Douglas MacArthur

Category:
War

A corporations primary goal is to make money. Governments primary role is to take a big chunk of that money and give it to others. – Larry Ellison

Category:
Government

You know, religion itself, Eastern and Western, is divisive and quarrelsome anyway. – Deepak Chopra

Category:
Religion