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Rule of Law and Political Parties
Summary by Jacob Branndler, Yun Chen, and Yixiao Wang

Many democracies today hold the rule of law in high esteem. Yet, for something held in such high regards, the question remains what exactly makes up the rule of law? Yu Xingzhong (Cornell Law School) opened this forum, asking participants to consider more specific issues about the rule of law and political parties. (Read more)

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Legal Safety Valves: Law's Answer to Fundamental Uncertainty
Summary by Keertan Chauhan and Kyle Reinert 

An effective legal system must have the ability to “enhance predictability of both public and private action,” but “in a world beset by fundamental uncertainty, legal certainty is a doubled-edged sword,” noted Katharina Pistor (Columbia Law School). While “predetermined laws, regulations, contracts [and] treaties” allow for predictability, “enforcing [these] ex ante legal commitments…without regard to fundamental change [in the world] can lead to the self-destruction of the system”... (Read more)

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