Quote: Friedman on Testing

The only relevant test of the validity of a hypothesis is comparison of prediction with experience. is a quote of American economist and statistician Milton Friedman (1912 - 2006). The quote can be found in the chapter "The methodology of positive economics" written by Dr. Friedman as an original article in his 1953 book "Essays in Positive Economics" containing a collection of his earlier articles.
Rating: 
0
No votes yet
Author Name: 
Milton Friedman
Source Code Available: 
Source Code Not Available
Intended User Role: 
Teacher
Material Type: 
Resource Type: 
Copyrights: 
Yes
Cost: 
Free for All
Format: 

You must Login or Register to post comments.