What is fair?

Competition in sports is a noisy affair. Everybody shouts, roots for somebody, congratulates the winner, dreaming of becoming like him or her — the best!

Same in business and in many other areas of life. Everyone wants to be better than others — wealthier, luckier — and nobody doubts that that is the right thing to wish and it is good for society, so everybody would work harder and produce more by trying to catch up with the…