The only relevant test of the validity of a hypothesis is comparison of prediction with experience.

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Explore More Quotes by Milton Friedman

Underlying most arguments against the free market is a lack of belief in freedom itself.

Underlying most arguments against the free market is a lack of belief in freedom itself.

Hell hath no fury like a bureaucrat scorned.

Hell hath no fury like a bureaucrat scorned.

I am favor of cutting taxes under any circumstances and for any excuse for any reason whenever it's

I am favor of cutting taxes under any circumstances and for any excuse for any reason whenever it's possible.

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

Related Quotes to Explore

    Experience, travel – these are as education in themselves.

    Experience, travel – these are as education in themselves.

    True forgiveness is when you can say, “Thank you for that experience.”

    True forgiveness is when you can say, “Thank you for that experience.”

    With every experience, you alone are painting your own canvas, thought by thought, choice by choice.

    With every experience, you alone are painting your own canvas, thought by thought, choice by choice.

    Our consciousness is almost completely preoccupied with memory and expectation. We do not realize that there never was, is, nor will be any other experience than present experience.

    Our consciousness is almost completely preoccupied with memory and expectation. We do not realize that there never was, is, nor will be any other experience than present experience.

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