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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

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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The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And thats why its so essential to preserving individual freedom. – Milton Friedman

Category:
Freedom
Author
Milton Friedman
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Other Quotes from
Experience
category

My experience of the world is that things left to themselves dont get right. – Thomas Huxley

Category:
Experience

I had one relative who passed away but fortunately none others. So my sort of experience of it is quite limited, thankfully. – Daniel Radcliffe

Category:
Experience

My friends, whoever has had experience of evils knows how whenever a flood of ills comes upon mortals, a man fears everything but whenever a divine force cheers on our voyage, then we believe that the same fate will always blow fair. – Aeschylus

Category:
Experience

Any film, or to me any creative endeavour, no matter who youre working with, is, in many cases, a wonderful experience. – Martin Scorsese

Category:
Experience

Random Quotes

I believe that one of the great problems for us as individuals is the depression and the tension resulting from existence in a world which is increasingly less pleasing to the eye. – Lady Bird Johnson

Category:
Society

Even when they have nothing, the Irish emit a kind of happiness, a joy. – Fiona Shaw

Category:
Happiness

Its tangible, its solid, its beautiful. Its artistic, from my standpoint, and I just love real estate. – Donald Trump

Category:
Love

Education, therefore, is a process of living and not a preparation for future living. – John Dewey

Category:
Education