 Many legal scholars object to the normative theory of adjudication advanced by policy analysts. These scholars generally reject the welfarism to which policy analysis is committed. The prior discussion suggests, however, that a rejection of welfarism as a moral theory is neither necessary nor sufficient for the rejection of the normative theory of adjudication advanced by policy analysts. Moreover, the core commitments and achievements of economic analysis do not lie in the construction of a normative theory of adjudication. Rejection of the economic theory of adjudication thus leaves the central elements of policy analysis, political economy, and doctrinal analysis largely intact.