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What is the most Simple Science Theory for describing Reality?
OCCAM'S  RAZOR : The Simplest Theory of Science. - scan
Introduction to Simple Science & Occam's Razor

Occam's Razor (also Ockham's Razor or any of several other spellings), is a principle attributed to the 14th century English logician and Franciscan friar, William of Ockham that forms the basis of methodological reductionism, also called the principle of parsimony. In its simplest form, Occam's Razor states that one should not make more assumptions than needed. When multiple explanations are available for a phenomenon, the simplest version is preferred.

A charred tree on the ground could be caused by a landing alien ship or a lightning strike. According to Occam's Razor, the lightning strike is the preferred explanation as it requires the fewest assumptions. The principle is most often expressed as Entia non sunt multiplicanda praeter necessitatem, or 'Entities should not be multiplied beyond necessity', but this sentence was written by later authors and is not found in Ockham's surviving writings. William wrote, in Latin, Pluralitas non est ponenda sine necessitate, which translates literally into English as 'Plurality should not be posited without necessity'.

Leonardo da Vinci (1452-1519) lived after Ockham's time and has a variant of Occam's razor. His variant short-circuits the need for sophistication by equating it to simplicity.

'Simplicity is the ultimate sophistication'. (Leonardo da Vinci)

Occam's Razor is now usually stated as follows:

Of two equivalent theories or explanations, all other things being equal, the simpler one is to be preferred.

As this is ambiguous, Isaac Newton's version may be better:

We are to admit no more causes of natural things than such as are both true and sufficient to explain their appearances. (Sir Isaac Newton, Principia: The system of the world)

Occam's Razor is known by several different names including the Principle of Parsimony, The Principle of Simplicity, and The Principle of Economy. The reason for these alternate names can be explained by the association of simplicity and parsimony with Occam's Razor. Prior to the 20th century it was believed that the metaphysical justification for Occam's Razor was simplicity. It was thought that nature was in some sense simple and that our theories about nature should reflect that simplicity. With such a metaphysical justification came the implication that Occam's Razor is a metaphysical principle. From the beginning of the 20th century, these views fell out of favor as scientists presented an increasingly complex world view. In response, philosophers turned away from metaphysical justifications for Occam's Razor to epistemological ones including inductive, pragmatic, likelihood and probabilistic justifications, which is where things stand today. Thus, Occam's Razor is currently conceived of as a methodological principle. Elliott Sober has expressed dissatisfaction with epistemological justifications for Occam's Razor. He thinks that there must be a metaphysical presupposition for Occam's Razor, but offers no possibilities (Sober, 1990).
READ MORE :
http://en.wikipedia.org/wiki/Occam's_Razor

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