That was over three years ago, and during that time the descent into the mental and physical decline that finished Wolsey has felt very familiar. Indeed, I am just a few years younger than Wolsey was at the time of his removal from office.
My prediction is that many employers, especially smaller firms, will see the Employee/Owner contract as bringing little marginal benefit. They will prefer to avoid another swathe of administrative cost and stick with the risks they know.
Is it time to think the unthinkable about the way we employ people in Britain? The question is prompted by the leaking of Adrian Beecroft's controversial report to the government, which recommends sweeping changes to aspects of UK employment law.
Since 6 April 2012, employees can now only contest being struck off on the grounds of unfair dismissal after two years' continuous employment. It is part of a range of measures by the Government to help boost recruitment in tough times and get the jobs market moving.
The latest proposal that Whitehall are supposedly considering is the rowing back of rights against unfair dismissal. It's worth having a quick recap of what this is, in order to assess whether it really is holding our economy back.