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Milton Friedman Quotes
«The only relevant test of the validity of a hypothesis is comparison of prediction with experience»
Author: Milton Friedman
(Economist)
| Keywords:
comparison, hypotheses, hypothesis, prediction, predictions, relevant, validity
«Inflation is the one form of taxation that can be imposed without legislation.»
Author: Milton Friedman
(Economist)
| About:
Inflation
| Keywords:
imposed, inflation, legislation, one form, taxation
«A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.»
Author: Milton Friedman
(Economist)
| Keywords:
arguments, economy, Free market, market, objection, underlie, underlies, underlying
«Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.»
Author: Milton Friedman
(Economist)
«The most important single central fact about a free market is that no exchange takes place unless both parties benefit.»
Author: Milton Friedman
(Economist)
«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.»
Author: Milton Friedman
(Economist)
«Most of the energy of political work is devoted to correcting the effects of mismanagement of government»
«Columbus did not seek a new route to the Indies in response to a majority directive.»
Author: Milton Friedman
(Economist)
«Universities exist to transmit knowledge and understanding of ideas and values to students ... not to provide entertainment for spectators or employment for athletes.»
Author: Milton Friedman
(Economist)