Wednesday, February 03, 2010

Pay Less, Get More

Pay Less, Get More: "The argument for salary increases is not about justice or fairness. Who is to say what a 'just' or 'fair' salary is? One of the virtues of competitive markets is that they enable us to avoid having to answer tough questions like these. No, the argument is about efficacy: if we want to retain good judges and entice good lawyers to leave their lucrative jobs with firms or their cushy appointments at law schools, and enter the judiciary, we have to pay them more."