The document discusses the concept of rule of law from an ancient and modern perspective. It begins by defining the rule of law as the supremacy of law that applies equally to all people regardless of status. It then discusses how different philosophers have interpreted the idea of rule of law over time, notably Professor A.V. Dicey in the 19th century who proposed it has three core meanings: no punishment without legal basis, equality under the law, and rights protected by common law. However, the document notes Dicey's theory may not fully align with contemporary understanding of rule of law. In conclusion, it questions whether listing laws alone guarantees resolving issues or if Dicey's theory still applies given modern changes to societies.