Wish I'd said that - July 29, 2020

Milton Friedman: … There’s a phrase written on the entrance to one of the social sciences buildings at the University of Chicago, which is the statement … Rose Friedman: If you can’t measure it, measure it anyway. Milton Friedman: Actually, it was: ‘When you cannot measure something, your knowledge is meager and unsatisfying.’”

An Economic Freedom of the World network meeting in 2001, quoted in Fraser Forum May 2002.