The Latin term “stare decisis” may be translated literally as “to stand by decided matters.” In the American legal system, stare decisis plays a significant role in promoting the evenhanded, predictable, and consistent development of legal principles. What is stare decisis? How does it impact the concept of precedent? Roger Pilon of the Cato Institute explores the origins and purpose of stare decisis. https://youtube.com/watch?v=riRzKjtdjfI