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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

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever its possible. – Milton Friedman

Category:
finance
Author
Milton Friedman
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Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence. – Milton Friedman

Category:
Freedom
Author
Milton Friedman
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Other Quotes from
Experience
category

Before people complain of the obscurity of modern poetry, they should first examine their consciences and ask themselves with how many people and on how many occasions they have genuinely and profoundly shared some experience with another. – W. H. Auden

Category:
Experience

I know from my own personal experience. I was bullied in middle school and high school and went through my fair share of hard times thereafter. Also, one of my really good friends committed suicide when I was in high school. – Brittany Snow

Category:
Experience

Capital isnt that important in business. Experience isnt that important. You can get both of these things. What is important is ideas. – Harvey S. Firestone

Category:
Experience

Any experience can be transformed into something of value. – Vash Young

Category:
Experience

Random Quotes

I love to compare different time frames. Poetry can evoke the time of the subject. By a very careful choice of words you can evoke an era, completely throw the poem into a different time scale. – Robert Morgan

Category:
Poetry

Remember the sufferings of Christ, the storms that were weathered… the crown that came from those sufferings which gave new radiance to the faith… All saints give testimony to the truth that without real effort, no one ever wins the crown. – Thomas Becket

Category:
Faith

Anyone who can be replaced by a machine deserves to be. – Dennis Gunton

Category:
Imagination

All of us grow up in particular realities – a home, family, a clan, a small town, a neighborhood. Depending upon how were brought up, we are either deeply aware of the particular reading of reality into which we are born, or we are peripherally aware of it. – Chaim Potok

Category:
Family