"Judicial Power"

At first glance the Judicial Power is the most difficult of the three powers to describe.  The Legislative power is the power to make law, or expressed in economic terms, the power of the purse; the Executive Power is the Power to enforce the laws, or the power of the sword.  But what is the Judicial Power, which involves neither force nor money?

The Judicial Power is the power to read and enforce contracts between different parties.  The ordinary laws that bind the residents of a town, the laws of the State and the State Constitution, Federal Law and the United States Constitution, all of these take the form of contracts: each citizen is understood to be obligated by them, as are the officers of government.  In return, each person and officer enjoys certain rights and may exercise certain powers. 

Judges are necessary in order to have a third party to arbitrate whenever the interpretation of any contract is contested by one or both parties.