A classic scholar has proved the point, by unearthing a Greek version of the world-famous piece that is some 1,600 years old. A comedy duo called Hierocles and Philagrius told the original version, only rather than a parrot they used a slave. It concerns a man who complains to his friend that he was sold a slave who dies in his service. His companion replies: "When he was with me, he never did any such thing!" The joke was discovered in a collection of 265 jokes called Philogelos: The Laugh Addict, which dates from the fourth century AD.
A comedy duo called Hierocles and Philagrius told the original version, only rather than a parrot they used a slave.
It concerns a man who complains to his friend that he was sold a slave who dies in his service.
His companion replies: "When he was with me, he never did any such thing!"
The joke was discovered in a collection of 265 jokes called Philogelos: The Laugh Addict, which dates from the fourth century AD.
Who wrote the "Dead Economy" sketch?
Deregulators. Maybe former U.S. Senator Phil Gramm, personally.
From the NY Times, Phil Gramm, Unswayed Champion of Deregulation.
On Capitol Hill, Mr. Gramm became the most effective proponent of deregulation in a generation... And in one remarkable stretch from 1999 to 2001, he pushed laws and promoted policies that he says unshackled businesses from needless restraints but his critics charge significantly contributed to the financial crisis that has rattled the nation. He led the effort to block measures curtailing deceptive or predatory lending, which was just beginning to result in a jump in home foreclosures that would undermine the financial markets. He advanced legislation that fractured oversight of Wall Street while knocking down Depression-era barriers that restricted the rise and reach of financial conglomerates. And he pushed through a provision that ensured virtually no regulation of the complex financial instruments known as derivatives, including credit swaps, contracts that would encourage risky investment practices at Wall Street's most venerable institutions and spread the risks, like a virus, around the world... In two recent interviews, Mr. Gramm described the current turmoil as "an incredible trauma," but said he was proud of his record. He blamed others for the crisis: Democrats who dropped barriers to borrowing in order to promote homeownership; what he once termed "predatory borrowers" who took out mortgages they could not afford; banks that took on too much risk; and large financial institutions that did not set aside enough capital to cover their bad bets. But looser regulation played virtually no role, he argued, saying that is simply an emerging myth.
He led the effort to block measures curtailing deceptive or predatory lending, which was just beginning to result in a jump in home foreclosures that would undermine the financial markets. He advanced legislation that fractured oversight of Wall Street while knocking down Depression-era barriers that restricted the rise and reach of financial conglomerates.
And he pushed through a provision that ensured virtually no regulation of the complex financial instruments known as derivatives, including credit swaps, contracts that would encourage risky investment practices at Wall Street's most venerable institutions and spread the risks, like a virus, around the world...
In two recent interviews, Mr. Gramm described the current turmoil as "an incredible trauma," but said he was proud of his record.
He blamed others for the crisis: Democrats who dropped barriers to borrowing in order to promote homeownership; what he once termed "predatory borrowers" who took out mortgages they could not afford; banks that took on too much risk; and large financial institutions that did not set aside enough capital to cover their bad bets.
But looser regulation played virtually no role, he argued, saying that is simply an emerging myth.
Conservatism can not fail.™