Ronald Dworkin, the legal philosopher who died in 2013, famously used a metaphor once to explain the core of his thinking on the philosophy of law. In the context of American common law and constitutional interpretation, Dworkin analogized the role of judges as the writers of a “chain novel.” The law, per Dworkin, was a collective novel, composed by a …

The anti-Donald Trump brigade is banking on defeating him this week in Ohio, and possibly Florida, paving the way for an “open” convention that would deny him the Republican presidential nomination and avoid what it believes would be a general election debacle. This is an uphill climb under any scenario and probably impossible if Trump wins both states on Tuesday. …

BLOOMBERG Investors are gaining confidence that March’s rally in equities and credit markets has further to run. The Stoxx Europe 600 Index and the MSCI Asia Pacific Index were on course for the highest closes in two months. Shares in Egypt extended the longest rally since December after the country’s central bank devalued its currency, and thawing credit markets enabled …