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

Picture Quote 1

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

Picture Quote 2

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

Picture Quote 3

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

Picture Quote 4

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