Non-relativistic quantum theory is derived from information codified into an appropriate statistical model. The basic assumption is that there is an irreducible uncertainty in the location of particles so that the configuration space is a statistical manifold with a natural information metric. The dynamics then follows from a principle of inference, the method of Maximum Entropy: entropic dynamics is an instance of law without law. The concept of time is introduced as a convenient device to keep track of the accumulation of changes. The resulting formalism is close to Nelson's stochastic mechanics. The statistical manifold is a dynamical entity: its (information) geometry determines the evolution of the probability distribution which, in its turn, reacts back and determines the evolution of the geometry. As in General Relativity there is a kind of equivalence principle in that “fictitious” forces – in this case diffusive “osmotic” forces – turn out to be “real”. This equivalence of quantum and statistical fluctuations – or of quantum and classical probabilities – leads to a natural explanation of the equality of inertial and “osmotic” masses and allows explaining quantum theory as a sophisticated example of entropic inference. Mass and the phase of the wave function are explained as features of purely statistical origin. Recommended Reading: arXiv:0907.4335 "From Entropic Dynamics to Quantum Theory" (2009)