Elvis Costello reminds us this song was written by Nick Lowe in 1974, What’s so funny about Peace Love & Understanding?

As I walk through
This wicked world
Searchin’ for light in the darkness of insanity.

I ask myself
Is all hope lost?
Is there only pain and hatred, and misery?

And each time I feel like this inside,
There’s one thing I wanna know:
What’s so funny ’bout peace love & understanding?

Here Costello sings it with Bob Dylan, Zooey Deschanel, and Jenny Lewis:

-jsq