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Ockam's Razor

"Entia non sunt multiplicanda praeter necessititem."

William of Ockam (1280-1349)

"It was invented in 1639 ... by the [Scottish] Commentator, John Ponce of Cork"
"The label 'Ockham's Razor' was first applied in 1852 by Sir William Hamilton." (1)

Principle of Parsimony

"If two explanations equally explain the facts, the one with the fewer postulates shall be chosen".

 1. See The Myth of Ockham's Razor