Robin Hood and Entitlements: Why We Need the Rich!

Robbing from the rich and giving to the poor is the narrative we heard as young lads and lassies growing up. As the story goes, those mean-spirited, greedy, rich people were oppressing the poor underclass and Robin Hood was the hero. Lets not lose sight of the evil and corrupt Sheriff of Nottingham who would fill his pockets at every opportunity. In the Sherwood Forrest fairy-tale, money was taken from the rich and given to the poor who certainly benefited by the unwilling benevolence of their benefactors. The moral? Rich people are greedy and authority is corrupt. However, in the real world there some slight differences. Let me explain.