The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
More Quotes from Milton Friedman:
Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?Milton Friedman
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
Milton Friedman
One man's opportunism is another man's statesmanship.
Milton Friedman
Inflation is the one form of taxation that can be imposed without legislation.
Milton Friedman
Minimum Wage. In Free to Choose, ... . . . the minimum wage law to be one of the most, if not the most anti-black law on the statute books.
Milton Friedman
The most important ways in which I think the Internet will affect the big issue is that it will make it more difficult for government to collect taxes.
Milton Friedman
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Based on Topics: Experience Quotes, Hypothesis Quotes, Predictions QuotesI'm sorry I'm not gay or Jewish, so I don't have a special interest group of journalists that support me.
Vincent Gallo
A Supreme Court decision that concessions of this sort were unconstitutional would have taken them off the table and actually increased the effective sovereignty of elected officials.
Michael Kinsley
I have come to the conclusion that one useless man is called a disgrace, that two are called a law firm, and that three or more become a congress.
Peter Stone