May 26, 2008
Should Markets Care When the Supreme Court Interprets Statutes?
Posted by David Zaring

You might think not. After all, according to the Spaeth database of Supreme Court decisions, the Court spends much of its statutory interpretation capital dealing with statutes with tangential relationships to the economy, like habeas corpus (68 decisions), section 1983 (59 decisions), and the Immigration and Nationality Act (62 decisions – and a growth stock). But the most interpreted statutes do matter to markets:

                       
 

IRC

 
 

199

 
 

NLRA

 
 

123

 
 

CIVP

 
 

87

 
 

CRA7

 
 

76

 
 

BANK

 
 

71

 
 

SHER

 
 

69

 

Note some incongruities. Two of the most interpreted statutes are enormous and frequently amended (the Internal Revenue Code and the Bankruptcy Code). One is short and frequently amended (Title VII). And two are short and rarely amended, one of which is almost common law (the NLRA and the Sherman Act).

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Comments (2)

1. Posted by Generic viagra on June 16, 2011 @ 9:57 | Permalink

On market business the big companies have to take care of this statutes cause can deal with many troubles if a statute came out and a company doesn't follow it. Great blog u got right here keep it up the good work!


2. Posted by Dripp on November 10, 2011 @ 4:21 | Permalink

so wonderful articles! i agree with your view point very much. Maybe we will become very good friend in the future.thank you so much! kamagra

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