Analyzes Kelsen's thought from the question of universals. Concludes a fundamental split in Kelsen's model dooms his theory to failure and exposes some of the irresolvable internal contradictions in Kelsen's work

Insider trading law is theoretically problematic. Despite this, an essentially coherent transatlantic insider trading regime has been established by the E.U. Insider trading directive. This paper shows that the E.U. Directive is heavily influenced by U.S. securities law. Of interest however is...

Rather than seeing law as a vague norm or overly precise and possibly untenable rights this article argues for a simpler functionalist definition of law as a set of conditionals associated with imperatives. As such it hopes to bypass two fruitless parallel debates which however do not address...