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Quotation of the Day…

… is from page 73 of William Letwin’s 1979 paper “Economic Due Process in the American Constitution and the Rule of Law,” which is chapter 2 in Liberty and the Rule of Law (Robert L. Cunningham, ed., 1979):

The rule of law requires something more than rule by statutes rather than fiat; it requires that the statutes themselves should be rational and general, not arbitrary, capricious, whimsical, or discriminatory. To this general proposition American courts have always assented, although in the field of economic regulation they seem to have forgotten it.