Despite its central role in modern cosmology, doubts are often express
ed as to whether cosmological inflation is really a falsifiable theory
. We distinguish two facets of inflation, one as a theory of initial c
onditions for the hot big bang and the other as a model for the origin
of structure in the Universe. We argue that the latter can readily be
excluded by observations, and that there are also a number of ways in
which the former can find itself in conflict with observational data.
Both aspects of the theory are indeed falsifiable.