Talking to a colleague recently, the subject of CEO salaries arose. Once again, I gained great insight into the liberal mind. He started by stating his astonishment at some figures. “In England,” he began, “the difference between the salary of a CEO and an average worker is 24 percent. Here, it’s 416 percent (unconfirmed, but I’ll give him the benefit of the doubt)! That’s ridiculous.” Knowing industry is far more ambitious and less burdened here than in England – and finding myself more and more these days in the role as a defender of free market capitalism – I retorted,...