Milton Friedman Quote

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


Essays in Positive Economics (ed. University of Chicago Press, 1953) - ISBN: 9780226264035


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

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

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

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