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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

So that the record of history is absolutely crystal clear. That there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. – 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

You have people come into your life shockingly and surprisingly. You have losses that you never thought youd experience. You have rejection and you have learn how to deal with that and how to get up the next day and go on with it. – Taylor Swift

Category:
Experience

I am a woman in process. Im just trying like everybody else. I try to take every conflict, every experience, and learn from it. Life is never dull. – Oprah Winfrey

Category:
Experience

I think newspapers shouldnt try to compete directly with the Web, and should do what they can do better, which may be long-form journalism and using photos and art, and making connections with large-form graphics and really enhancing the tactile experience of paper. – Dave Eggers

Category:
Experience

One thorn of experience is worth a whole wilderness of warning. – James Russell Lowell

Category:
Experience

Random Quotes

The best solution seldom requires that someone be right and someone else be wrong. – Robert Brault, rbrault.blogspot.com

Category:
Teamwork

The good parts of a book may be only something a writer is lucky enough to overhear or it may be the wreck of his whole damn life and one is as good as the other. – Ernest Hemingway

Category:
good

No foreign policy – no matter how ingenious – has any chance of success if it is born in the minds of a few and carried in the hearts of none. – Henry A. Kissinger

Category:
Success

In war, when a commander becomes so bereft of reason and perspective that he fails to understand the dependence of arms on Divine guidance, he no longer deserves victory. – Lucius Annaeus Seneca

Category:
War