Difference between revisions of "Rule of law"
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| − | '''Rule of law''' is a basic [[conservative]] principle of governance by laws, not men. Rule of law requires fidelity and adherence to rational, objective laws, and respect for their plain meaning, rather than arbitrary rule by personal whim. | + | '''Rule of law''' is a basic [[conservative]] principle of governance by laws, not men. Rule of law requires fidelity and adherence to rational, objective laws, and respect for their plain meaning, rather than arbitrary rule by personal whim. Generally, countries with a higher level of rule of law have a higher level of economic output compared to those countries with a lower level of rule of law. |
[[Category:Legal Terms]] | [[Category:Legal Terms]] | ||
Revision as of 16:22, November 7, 2009
Rule of law is a basic conservative principle of governance by laws, not men. Rule of law requires fidelity and adherence to rational, objective laws, and respect for their plain meaning, rather than arbitrary rule by personal whim. Generally, countries with a higher level of rule of law have a higher level of economic output compared to those countries with a lower level of rule of law.