As a matter of analytical style, this article illustrates a contextualist approach. For a considerable period of time, the dominant analytical style in corporate and securities .law has been a variant of economic, or law and economics, analysis. The virtue of this type of analysis is that it focuses on what its authors deem to be crucial variables and reaches conclusions derived from the core of a specific legal problem. The defect of this type of analysis is that so much is assumed or often assumed away.
The Obsolescence of Wall Street: A Contextual Approach to the Evolving Structure of Federal Securities Regulation,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol93/iss4/2