Right? So, effectively, we ended up with a 3D database of everything Brad Pitt's face is capable of doing.

It's a good film in the sense that I certainly want to see it, right, but don't expect Emmerich to cast Brad Pitt in his next movie digging latrines in Tanzania or something.

Brad Delong and Larry Summers have argued that in a repressed economy, short term increases in borrowing can pay for themselves, even if the expenditures do not directly increase long run potential. By contrast, Alberto Alesina and Silvia Ardagna argue that in an economy with a large and inefficient government, debt stabilization measures directed at reducing the size of government can actually be expansionary.

Now these themes have been picked up by Dan Tarullo, an influential member of the Board of Governors of the Federal Reserve System. In an important recent speech, Tarullo called for a cap on the size of America s largest banks, to limit their non deposit liabilities as a percentage of GDP an entirely sensible approach, and one that fits with legislation that has been proposed by two congressmen, Senator Sherrod Brown and Representative Brad Miller.

Indeed, the economy is vastly inferior to Hollywood as a source of glitterati gossip, but much economic reporting makes the coverage of the birth of Brad Pitt s and Angelina Jolie s baby look profoundly serious. Likewise, government is vastly inferior to the World Cup as a sporting spectacle, but much political reporting focuses on who played well and who played badly.