Experience, next, to thee I owe, Best guide; not following thee, I had remain'd In ignorance; thou open'st wisdom's way, And giv'st access, though secret she retire.

Experience is what you have after you've forgotten her name.

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

Have all these countries found a genius like Greenspan? ... What the foreign experience suggests is, you don't need a genius. You just need someone willing to make fighting inflation his top priority.

Experience is what you have after you've forgotten her name.

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