The political and philosophical doctrine of the rule of law is an integral feature of the classical liberal theory. It is a necessary, if not sufficient, element to a well-rounded theory of what constitutes a proper liberal society and, in a practical sense, provides the carapace within which individualism, the market and private property, as well as personal or moral liberties flourish. Its connection with liberty was well described by Albert Venn Dicey, the English jurist, who wrote: “Liberty is not secure unless the law, in addition to punishing every kind of interference with a man's lawful freedom, provides adequate security that everyone who, without legal justification, is placed in confinement shall be able to get free.”

The rule of law is a guarantee against arbitrariness ...