Last week we discussed Hanlon’s Razor. This week we will discuss Occam’s Razor. Be assured that this is not that I have a fetish for sharp objects. I don’t like razor blades at all. Indeed, I am pleased about the great work that Warren Buffet owned, Gillette, has done in developing safety razors.     Occam’s […]

Last week we discussed Hanlon’s Razor. This week we will discuss Occam’s Razor. Be assured that this is not that I have a fetish for sharp objects. I don’t like razor blades at all. Indeed, I am pleased about the great work that Warren Buffet owned, Gillette, has done in developing safety razors.     Occam’s Razor states the simplest explanation is, all things being equal, usually the correct one. It suggests that if f you want to understand what happened, develop the most basic hypothesis possible.    Occam’s Razor gives precedence to simplicity: of two competing theories, the simpler explanation of an entity is to be preferred. The principle is also expressed as “Entities are not to be multiplied beyond necessity.”    Occam’s Razor, also spelled Ockham’s Razor, also called the law of economy or law of parsimony, the principle stated by the philosopher William of Ockham.