Rule of Law and what Are Its Benefits and Defects

INTRODUCTION
There has been debate over the Rule of Law suggesting a separation between the rules by law and rules made by mere power of a ruler. In the days of Aristotle and Plato, there was a clear distinction between rules and rule by mere power. These distinctions will be discussed below, detailing the benefits and defects of both types of rules.
More recently, the Rule of Law encompasses both rules (mainly Statutes) and judiciary-made rules. Statutes are necessary to limit judges' ultra vires but at same time, judiciary precedents are needed to 'complete loopholes' within these general statutes.
As seen throughout the discussion, notwithstanding defects/benefits statutes and judiciary-made rules have, both are incident to the Rule of Law.
Greek Debate over what is incident to the rule of law and what are its benefits and defects.
Aristotle and Plato have debated about the Rule of Law.
…