1. How can the computer know your battery's current capacity, if you never run it down, without a calibration?
Because guys at Apple already did these tests on typical batteries of every type currently shipped, and developed a battery-type profile for each battery. That is now used instead of having to calibrate each and every battery in the field. They also claim non-removable Apple batteries are "factory calibrated" so you don't have to calibrate.
2. does that mean that the newer Macbooks with built-in batteries can be used on wall power ALL the time?
Yes.
They used to advise that a Mac Used on power at all times should be "exercised" by using it on battery once a month. That advice has been removed from the article on notebook batteries cited above. So it appears once they did their lab testing, they found it did not make an appreciable difference.
So use it the way you like, and don't worry about battery issues. The computer is taking care of it so you don't need to worry about it. Deep discharge does tend to shorten battery life, so try to avoid that when possible.