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...leaning blogger Matthew Yglesias--he advocated "crude measures" like the old ban on interstate banking. Lately, though, I've been hearing similar suggestions from those of a conservative, University of Chicago bent. "When you give a lot of discretion to regulators, they don't use the tools that are given to them," Chicago economist Gary Becker said at a conference this spring. His prescription: rules, not leeway...

Author: /time Magazine | Title: Dumbing Down Regulation: The Quest For Simpler Rules | 7/6/2009 | See Source »

...this docudrama grit allows for precious little dramatic juice. Given that Dillinger's death was the most famous kill in FBI history, there can be no coil of suspense in this story; its ending is as predictable as a Passion play's. The vitality has to come from whatever fresh insights Mann can find in Dillinger's Stations of the Cross. And these are lacking. Few sparks are struck in the love story; Cotillard, last year's Oscar winner for La Vie en Rose, makes a tepid bedmate for the always sexy Depp. Mostly the film displays gangsters doing their...

Author: /time Magazine | Title: Kill Dill: Depp's Dillinger Disappoints | 7/6/2009 | See Source »

SENTENCED On June 22, former Deputy Interior Minister of Rwanda Callixte Kalimanzira, 54, was given 30 years in prison by a U.N. tribunal for his role in the deaths of thousands of Tutsi during the country's 1994 genocide...

Author: /time Magazine | Title: Milestones | 7/6/2009 | See Source »

...appropriated the image of the wrong woman--another Neda, who, it turned out, was very much alive. When the world learned that her name meant voice in Farsi, she became a symbolic victim of oppression, silenced by a brutal regime. As each detail of her life emerged, it was given import and meaning. The government, which quickly declared the video a fabrication, has won back control of the streets, but it has no power over mythmaking. Neda died on the Web, and she is being given a second, perhaps eternal, life...

Author: /time Magazine | Title: The Moment | 7/6/2009 | See Source »

...will be held as scheduled on July 8, with a second round in September if no candidate reaches the requirements needed to declare an immediate winner - a 50% national threshold and at least 20% in 17 of the country's 35 provinces. A delay in the elections is unlikely given the tens of millions of dollars that have been spent preparing for the event. Logistics in the sprawling archipelago are daunting, with some voters having to walk miles to reach the nearest polling station. (Watch a video about a destructive mud volcano in Indonesia...

Author: /time Magazine | Title: As Indonesia's Election Day Nears, Complaints of Fraud Grow Louder | 7/5/2009 | See Source »

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