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Yet there is a dignity in the human spirit which can become most clearly visible in the moment of defeat and disaster.

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Milton Friedman

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

Comparison, Hypothesis, Predictions, Statistics, Tests, Validity
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You must distinguish sharply between being pro free enterprise and being pro business.

Business, Distinguish, Enterprise, Free Enterprise, Pro, Sharply

The broader and more influential organisations of businessmen have acted to undermine the basic foundation of the free market system they purport to represent and defend.

Basic, Businessman, Businessmen, Foundation, Free, Influential

Look, for example, at the obvious, immediate, practical example of illegal Mexican immigration. Now, that Mexican immigration, over the border, is a good thing. It's a good thing for the illegal immigrants. It's a good thing for the United States. It's a good thing for the citizens of the country. But, it's only good so long as its illegal.

Country, Good, Long, Look, Mexican

Prohibition is an attempted cure that makes matters worse - for both the addict and the rest of us.

Anarchy, Cure, Matter, Matters, Prohibition

Never try to walk across a river just because it has an average depth of four feet.

Average, Rivers, Feet, Depth, Across
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