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:

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).

Supreme Court | Bookmark

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/38673/29487764

Links to weblogs that reference Should Markets Care When the Supreme Court Interprets Statutes?: