Inflation is taxation without legislation.
Milton Friedman Quotes
The only relevant test of the validity of a hypothesis is comparison of prediction with experience.
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The price that the market sets on the services of our resources is similarly affected by a bewildering mixture of chance and choice. Frank Sinatra’s voice was highly valued in twentieth-century United States. Would it have been highly valued in twentieth-century India, if he had happened to be born and to live there?
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Milton Friedman (41)
Birth: | 31st July, 1912 |
Death: | 16th November, 2006 |
Nationality: | American |
Profession: | Author, Economist, Statistician |
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