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"The only relevant test of the validity of a hypothesis is comparison of prediction with experience."
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"Of two pleasures, if there be one which all or almost all who have experience of both give a decided preference, irrespective of any feeling of moral obligation to prefer it, that is the more desirable pleasure."

"There is more experience on the field of justification than on the camp of training. Sometimes, you got to take actions to learn more."

"It is not age but experience that brings wisdom."

"From their experience or from the recorded experience of others (history), men learn only what their passions and their metaphysical prejudices allow them to learn."

"I am only doing now what I have ever done; and ever will continue to do - that is adapting past experience to present reform in the light of high ideals and future objects."

"Life is a book. Read it. But do not forget to write yours."

"Experience which was once claimed by the aged is now claimed exclusively by the young."

"I am already inherently full and complete as I am. Man doesn't need woman and woman doesn't need man in order to experience his or her inherent fullness."

"No matter how mistaken Communist ideas may be, the experience and knowledge gained by trying them out have given a tremendous impetus to thought and imagination."

"I don't know of any other creature on earth other than man that will sit in a corner and cry because of some painful experience in the past."
Explore more quotes by Milton Friedman

"The greatest advances of civilization, whether in architecture or painting, in science and literature, in industry or agriculture, have never come from centralized government."

"Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government."

"I'm in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal."

"I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible."

"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."

"Universities exist to transmit knowledge and understanding of ideas and values to students not to provide entertainment for spectators or employment for athletes."

"Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."
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