Final answer:
Judicial interpretation involves judges applying and interpreting laws, including the Constitution, to case facts. These interpretations may follow an originalist approach or could be influenced by modern values, constituting judicial activism. The principle of stare decisis maintains legal consistency through the use of precedent.
Step-by-step explanation:
Judicial interpretation refers to the process by which judges understand and apply laws to the facts of a case. This includes both constitutional and statutory interpretation, where judges determine the applicability and constitutionality of laws. Specifically, constitutional interpretation gauges whether a law stands in light of constitutional principles, and statutory interpretation deals with the nitty-gritty of how law is applied in specific cases.
In the United States, the historical originalist view suggests that the Constitution should be interpreted as its framers intended, connoting that understanding the original context is crucial. This contrasts with judicial activism, where judges may interpret the law to align with modern values or political correctness, potentially creating new precedents.
Stare decisis, a principle meaning 'to stand by the decision', guides judges to follow legal precedents set in earlier rulings. The use of precedence is essential in ensuring consistency and stability within the legal system. The common law system in the U.S., opposite to a code law system, allows for significant judicial involvement in shaping the law through interpretation and rulings on a case-to-case basis.
Judges thus play a pivotal role in molding public policy by interpreting open-ended constitutional terms like 'freedom of speech' or 'equal protection of the laws'. Judicial philosophies influence just how much judges are willing to make public policy through their rulings.