Cavalcade of Risk – May 6 edition

The Tax Update Blog literally puts out fires in the latest edition of the Cavalcade of Risk.  My favorite posts include:

Any my favorite, Arnold’s Kling’s quotation on Medicare reform:

Saying, “We don’t need to have any restraint on the use of medical services. Look at Medicare” is like saying, “We don’t have to worry about the fish population. Look at all the fish we just caught.”

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