Prague, Czech Republic

Financial Law and Politics

Language: English Studies in English
Subject area: economy and administration
University website: www.cuni.cz
Years of study: 3
Law
Law is a system of rules that are created and enforced through social or governmental institutions to regulate behavior. Law is a system that regulates and ensures that individuals or a community adhere to the will of the state. State-enforced laws can be made by a collective legislature or by a single legislator, resulting in statutes, by the executive through decrees and regulations, or established by judges through precedent, normally in common law jurisdictions. Private individuals can create legally binding contracts, including arbitration agreements that may elect to accept alternative arbitration to the normal court process. The formation of laws themselves may be influenced by a constitution, written or tacit, and the rights encoded therein. The law shapes politics, economics, history and society in various ways and serves as a mediator of relations between people.
Politics
Politics (from Greek: πολιτικά, translit. Politiká, meaning "affairs of the cities") is the process of making decisions that apply to members of a group.
Law
Laws grind the poor, and rich men rule the law.
Oliver Goldsmith, The Traveller (1764), line 386. Same in Vicar of Wakefield.
Politics
Despite the intentions of human politics, history has shown that it is often the one, not the many, who have led the world towards its destiny... now turn your eyes to Earth once more and tell me what you see.
Uatu, Earth X, ch. 3, written by Jim Krueger and Alex Ross
Law
There is no worse torture than the torture of laws.
Lord Bacon, folio edition, Vol. I. 440, 441.
Aside from being a public health hazard, particles in the atmosphere affect climate. New data mining and analysis methods are shedding light on the role of one of the most important components, black carbon.
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