Milton Friedman's Quote - The only relevant test of the validity of a hypothesis is comparis

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 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

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Milton Friedman

A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself. – Milton Friedman

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Milton Friedman

Most of the energy of political work is devoted to correcting the effects of mismanagement of government. – Milton Friedman

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Milton Friedman

Other Quotes from

Experience

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The years teach much which the days never know. – Ralph Waldo Emerson

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But inner experience is only one source of human knowledge. – Muhammad Iqbal

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If youre working on a movie, you want it to be projected on the largest tapestry possible, and the sound to be perfect, and for that kind of communal experience of the movies to take place for it. – Greg Kinnear

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Another way of judging the value of a prophets religious experience, therefore, would be to examine the type of manhood that he has created, and the cultural world that has sprung out of the spirit of his message. – Muhammad Iqbal

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Random Quotes

Our thoughts take the wildest flight: Even at the moment when they should arrange themselves in thoughtful order. – Lord (George Gordon) Byron

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After marriage, the other mans wife looks more beautiful. – Navjot Singh Sidhu

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Always remember, a cat looks down on man, a dog looks up to man, but a pig will look man right in the eye and see his equal. – Sir Winston Churchill

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The only thing I like about rich people is their money. – Nancy Astor

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