Eliezer Yudkowsky also suggested this, at least regarding this African myth: http://robinhanson.typepad.com/overcomingbias/2009/02/an-afr... .
I'm a little unsure about how much is the myths and how much is just survivorship bias. A lot of old gruesome European fairy tales stopped getting told after the rise of liberalism and the free market, so it may just be that the myths reflect the current status of society.