The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
Milton Friedman
More from: Milton Friedman
DOWNLOAD
You are free to use this picture for any purpose including commercial. A credit linking back to this page is appreciated.
Similar Quotes:
-
We believe that Lebanon has been the first real experience for all the Arabs. -
Experience, already reduced to a group of impressions, is ringed round for each one of us by that thick wall of personality through which no real voice has ever pierced on its way to us, or from us to that which we can only conjecture to be without. -
Sometimes I think our problems are made worse by the kind of business we're in. Playing these road shows is a weird experience. -
I need more raw experience. I've read and watched a lot of things, but I haven't done a lot of things. -
And I thought, when I have kids, that's the sort of well told, silly, and fun fairy tale that I would want to take them to. But it was an amazing experience. And I think Shrek is a real classic, a fairy tale classic.
More quotes by Milton Friedman
- The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government.
- The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
- I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.
- Inflation is taxation without legislation.
- 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.