For decades the academy of administrative law has written extensively on judicial precedent. Students are indoctrinated with the principle of Stare decisis, a Latin term which means “to stand by that which is decided”.
The emphasis on judicial precedent has a strong economic argument in support of its preservation independent of its merits because mastering the details of court rulings should yield a competitive advantage in litigation as a result of its questionable domination of law school curricula.
However with each passing day the emphasis on the widespread acceptance of judicial precedent may be misplaced however meritorious. Consider for example a post of Professor Richard Pierce on a recent ruling of the Supreme Court; he concludes: