The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
Milton Friedman
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Capital isn't that important in business. Experience isn't that important. You can get both of these things. What is important is ideas. -
Myth is an attempt to narrate a whole human experience, of which the purpose is too deep, going too deep in the blood and soul, for mental explanation or description. -
Everybody's entitled to think whatever they want and to express that, but my personal day-to-day experience does not come into contact with any of those people. -
It has been my experience that if we make the effort to listen to people when we meet them, and work to get to know them a little, it is then easy to find something likeable in practically anyone. -
Throughout my whole life, as a performer, I've never played with a band. I've always played alone, so I was never required to stay in rhythm or anything. So it was a real different experience for me to start playing with a band. There were so many basic things for me to learn.
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.