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	<title>Comments on: Henderson on Judicial Pay: Constitutional Crises Everywhere or Nowhere?</title>
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	<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/</link>
	<description>Academic commentary on law, business, economics and more</description>
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		<title>By: Keith Sharfman</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6528</link>
		<dc:creator><![CDATA[Keith Sharfman]]></dc:creator>
		<pubDate>Tue, 30 Jan 2007 00:58:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6528</guid>
		<description><![CDATA[Bill: Even if federal judges have been doing as well as federal workers until now, that may only be because successive Chief Justices have been making successive pleas of the type that the current Chief has made. Indexing would end all that and let the Chief and Congress and pundits to focus their efforts on other things.]]></description>
		<content:encoded><![CDATA[<p>Bill: Even if federal judges have been doing as well as federal workers until now, that may only be because successive Chief Justices have been making successive pleas of the type that the current Chief has made. Indexing would end all that and let the Chief and Congress and pundits to focus their efforts on other things.</p>
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		<title>By: William Henderson</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6527</link>
		<dc:creator><![CDATA[William Henderson]]></dc:creator>
		<pubDate>Mon, 29 Jan 2007 14:02:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6527</guid>
		<description><![CDATA[Keith,

I am skeptical that increases in federal judge pay is lagging the pay of other federal workers, though I could be wrong (and thus your suggestion might solve the problem).  Note that, in my original post, I showed that federal judges are actually doing better, in terms of real pay increases, than prototypical law partners 25-29 years into practice.  That is a pretty good reference good.

But I definitely could be wrong that federal workers are doing better than judges.  It it unclear to me whether that would address the Chief Judge&#039;s concerns. bh.]]></description>
		<content:encoded><![CDATA[<p>Keith,</p>
<p>I am skeptical that increases in federal judge pay is lagging the pay of other federal workers, though I could be wrong (and thus your suggestion might solve the problem).  Note that, in my original post, I showed that federal judges are actually doing better, in terms of real pay increases, than prototypical law partners 25-29 years into practice.  That is a pretty good reference good.</p>
<p>But I definitely could be wrong that federal workers are doing better than judges.  It it unclear to me whether that would address the Chief Judge&#8217;s concerns. bh.</p>
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		<title>By: Keith Sharfman</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6526</link>
		<dc:creator><![CDATA[Keith Sharfman]]></dc:creator>
		<pubDate>Mon, 29 Jan 2007 04:57:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6526</guid>
		<description><![CDATA[Bill--My suggestion to peg federal judicial pay increases to those received by other federal workers would actually lead to real increases rather than merely be a way to keep up with inflation.]]></description>
		<content:encoded><![CDATA[<p>Bill&#8211;My suggestion to peg federal judicial pay increases to those received by other federal workers would actually lead to real increases rather than merely be a way to keep up with inflation.</p>
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		<title>By: William Henderson</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6525</link>
		<dc:creator><![CDATA[William Henderson]]></dc:creator>
		<pubDate>Sun, 28 Jan 2007 22:17:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6525</guid>
		<description><![CDATA[Josh, I definitely concede that higher pay will affect the applicant pool.  What I am skeptical of is the idea that it will smoke out demonstrably better jurists.  The fact that a lawyer makes a high salary does not necessarily denote that he or she has better experience, temperament, or aptitude to be a judge.  And I think that is the subtext of Robert&#039;s argument.

The current pay of federal judges could easily produce asymptotic levels of jurist abilities.  If that this true, then higher judicial pay would have zero marginal benefit to the public--though the sitting judges would be happier.  Further, realistically quantifying &quot;good&quot; versus &quot;better&quot; judges may be an insurmountable technical issue.

So we may be back, in the end, to our own prejudices and intuitions.  That is why this is such a devilish issue.]]></description>
		<content:encoded><![CDATA[<p>Josh, I definitely concede that higher pay will affect the applicant pool.  What I am skeptical of is the idea that it will smoke out demonstrably better jurists.  The fact that a lawyer makes a high salary does not necessarily denote that he or she has better experience, temperament, or aptitude to be a judge.  And I think that is the subtext of Robert&#8217;s argument.</p>
<p>The current pay of federal judges could easily produce asymptotic levels of jurist abilities.  If that this true, then higher judicial pay would have zero marginal benefit to the public&#8211;though the sitting judges would be happier.  Further, realistically quantifying &#8220;good&#8221; versus &#8220;better&#8221; judges may be an insurmountable technical issue.</p>
<p>So we may be back, in the end, to our own prejudices and intuitions.  That is why this is such a devilish issue.</p>
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		<title>By: Joshua Wright</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6524</link>
		<dc:creator><![CDATA[Joshua Wright]]></dc:creator>
		<pubDate>Sun, 28 Jan 2007 21:23:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6524</guid>
		<description><![CDATA[Bill, like I say in the post, I don&#039;t disagree with you that the &quot;independence&quot; question is a stretch. I also agree that the burden is on the Chief.  The fact that we have &quot;some pretty sound jurists,&quot; however, does not eliminate the interesting question of whether an increase in pay would have a marginal increase on quality.  I take part of Roberts&#039; concern to be that the pay issue means we have a lower quality pool of candidates to choose from then if we increased pay.  Surely you would agree that an increase in pay would have *some* effect on the composition of potential jurists?  Right?

In my mind, the truth of that assertion seems indisputable (upward sloping supply curves and all) though you are certainly right that reasonable minds can disagree over whether the quality of the current stock of judges.  As I write in the post, I think answering the &quot;what would happen if&quot; question turns on understanding how the composition of possible candidates might change in response to such a pay increase.  I do think that is an interesting question, but don&#039;t think we have data that helps answer that question.]]></description>
		<content:encoded><![CDATA[<p>Bill, like I say in the post, I don&#8217;t disagree with you that the &#8220;independence&#8221; question is a stretch. I also agree that the burden is on the Chief.  The fact that we have &#8220;some pretty sound jurists,&#8221; however, does not eliminate the interesting question of whether an increase in pay would have a marginal increase on quality.  I take part of Roberts&#8217; concern to be that the pay issue means we have a lower quality pool of candidates to choose from then if we increased pay.  Surely you would agree that an increase in pay would have *some* effect on the composition of potential jurists?  Right?</p>
<p>In my mind, the truth of that assertion seems indisputable (upward sloping supply curves and all) though you are certainly right that reasonable minds can disagree over whether the quality of the current stock of judges.  As I write in the post, I think answering the &#8220;what would happen if&#8221; question turns on understanding how the composition of possible candidates might change in response to such a pay increase.  I do think that is an interesting question, but don&#8217;t think we have data that helps answer that question.</p>
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		<title>By: William Henderson</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6523</link>
		<dc:creator><![CDATA[William Henderson]]></dc:creator>
		<pubDate>Sun, 28 Jan 2007 21:07:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6523</guid>
		<description><![CDATA[Josh,

To Keith Sharfman, at least for the last two decades, federal judges have handily beat inflation, though the incomes of many lawyers have not.  The Chief Justice is asking for a substantial real pay increase on par with elite private sector practitioners.

To Josh, with all due respect, the &quot;independence&quot; question is a red herring.  After an FBI investigation and congressional hearings, we have vetted some pretty sound jurists.  If they were interested in maximizing their income, they never would have accepted the nomination. The burden is on the Chief Justice to spell out the mechanism by which &quot;independence&quot; will be compromised, and I don&#039;t think he can articulate one that does not insult every sitting federal judge.

Only the &quot;strength&quot; question has any (plausible) traction.  That is a difficult empirical case to make, though I readily concede that reasonable minds can definitely disagree on the pay gap&#039;s putative effects. bh.]]></description>
		<content:encoded><![CDATA[<p>Josh,</p>
<p>To Keith Sharfman, at least for the last two decades, federal judges have handily beat inflation, though the incomes of many lawyers have not.  The Chief Justice is asking for a substantial real pay increase on par with elite private sector practitioners.</p>
<p>To Josh, with all due respect, the &#8220;independence&#8221; question is a red herring.  After an FBI investigation and congressional hearings, we have vetted some pretty sound jurists.  If they were interested in maximizing their income, they never would have accepted the nomination. The burden is on the Chief Justice to spell out the mechanism by which &#8220;independence&#8221; will be compromised, and I don&#8217;t think he can articulate one that does not insult every sitting federal judge.</p>
<p>Only the &#8220;strength&#8221; question has any (plausible) traction.  That is a difficult empirical case to make, though I readily concede that reasonable minds can definitely disagree on the pay gap&#8217;s putative effects. bh.</p>
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		<title>By: Joshua Wright</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6522</link>
		<dc:creator><![CDATA[Joshua Wright]]></dc:creator>
		<pubDate>Sun, 28 Jan 2007 18:25:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6522</guid>
		<description><![CDATA[Keith, indexing seems like sensible policy whether the gap in judicial v. private pay is a crisis or otherwise.

Bob, of course, it is also true that judges face non-pecuniary costs that those in private practice are less likely to face as well.  In any event, the question is not whether they should make as much as judges.  The question is whether we should be worried that the size of the gap in pay threatens judiciary independence.  I don&#039;t claim to know the answer to that question, nor the size of the gap that would trigger such a threat if any.]]></description>
		<content:encoded><![CDATA[<p>Keith, indexing seems like sensible policy whether the gap in judicial v. private pay is a crisis or otherwise.</p>
<p>Bob, of course, it is also true that judges face non-pecuniary costs that those in private practice are less likely to face as well.  In any event, the question is not whether they should make as much as judges.  The question is whether we should be worried that the size of the gap in pay threatens judiciary independence.  I don&#8217;t claim to know the answer to that question, nor the size of the gap that would trigger such a threat if any.</p>
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		<title>By: Keith Sharfman</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6521</link>
		<dc:creator><![CDATA[Keith Sharfman]]></dc:creator>
		<pubDate>Sun, 28 Jan 2007 17:00:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6521</guid>
		<description><![CDATA[Why not index judicial pay to increases in the cost-of-living (e.g., the consumer price index or inflation or to the percentage pay increases given generally to federal workers) and thereby obviate the need to have this debate every year or two?]]></description>
		<content:encoded><![CDATA[<p>Why not index judicial pay to increases in the cost-of-living (e.g., the consumer price index or inflation or to the percentage pay increases given generally to federal workers) and thereby obviate the need to have this debate every year or two?</p>
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		<title>By: Bob Smith</title>
		<link>http://truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6520</link>
		<dc:creator><![CDATA[Bob Smith]]></dc:creator>
		<pubDate>Sun, 28 Jan 2007 09:36:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.truthonthemarket.com/2007/01/27/henderson-on-judicial-pay-constitutional-crises-everywhere-or-nowhere/#comment-6520</guid>
		<description><![CDATA[Remember that being a judge has significant non-pecuniary benefits. Prestige and power mean more than money to many judicial candidates. For precisely this reason (IMO) we shouldn&#039;t pay judges as much as they might get in private practice.]]></description>
		<content:encoded><![CDATA[<p>Remember that being a judge has significant non-pecuniary benefits. Prestige and power mean more than money to many judicial candidates. For precisely this reason (IMO) we shouldn&#8217;t pay judges as much as they might get in private practice.</p>
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