You have now read several of Professor Corbin's 100-year old articles on the formation of contracts. They are each as applicable today as when published two world wars and two depressions ago. In this regard, contracts is one of the most stable of legal disciplines, but in recent years some legal scholars have begun to argue that contract principles are not flexible enough. These scholars argue to use many of the mechanisms that we have studied the last three weeks to 'improve' the system so that it is more in line with our modern sense of priorities. Many argue that the fact that the basic tenets of our contract system are so old is itself evidence that they are outdated. On the other hand, the basic tenets of our democracy are even older, but seem to still serve us well.
What do you think?