LOS ANGELES -- In the early 1980s, in a book called "American Journey," I calculated that American corporate chief executive officers were making 30 to 40 times as much as they paid average production workers. Looking back at that, I see that I was surprised to learn that that ratio had increased from 25-to-1 in 1970 -- and that in other developed countries the ratio was closer to 10-to-1. It... (Read Full Article)