Francis Coppola

Here is a Public Service Announcement.Since @Galgitron, who I think is certifiably insane, has called for the XRP Army to deprive me of income by spamming the adverts on Forbes, I have decided to write future posts about XRP here on Coppola Comment. Moving to Coppola Comment negates accusations that I make money from posting what Ripplers call "FUD" on Forbes. Coppola Comment is widely read, but certainly doesn't have the reach of Forbes. There are no adverts here and I don't get paid for...

PNB's risk management system to come under RBI scanner for laxity in SWIFT messaging, Nostro reconciliation https://www.businesstoday.in/sectors/banks/pnb-fraud-risk-management-system-to-come-under-rbi-scanner-for-laxity-in-swift-messaging-nostro-reconciliation/story/270762.html Waking Up to the Intraday Realities of Nostro Cash Management https://www.theglobaltreasurer.com/2011/08/01/waking-up-to-the-intraday-realities-of-nostro-cash-management/ Intraday liquidity reporting - The case for...

PNB's risk management system to come under RBI scanner for laxity in SWIFT messaging, Nostro reconciliation https://www.businesstoday.in/sectors/banks/pnb-fraud-risk-management-system-to-come-under-rbi-scanner-for-laxity-in-swift-messaging-nostro-reconciliation/story/270762.html Waking Up to the Intraday Realities of Nostro Cash Management https://www.theglobaltreasurer.com/2011/08/01/waking-up-to-the-intraday-realities-of-nostro-cash-management/ Intraday liquidity reporting - The case for...

In this extract from the 'Neoliberalism: An Idea Swallowing The World’ episode of Renegade Inc, Frances Coppola discusses the isolating nature of neoliberalism. Watch Renegade Inc. here: https://www.rt.com/shows/renegade-inc/ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Renegade Inc. provides its members with the content and connections that help navigate the ‘new normal’. Finding the people who are thinking differently about the world means we offer an alternative perspective on...

In this extract from the 'Neoliberalism: An Idea Swallowing The World’ episode of Renegade Inc, Frances Coppola discusses the isolating nature of neoliberalism. Watch Renegade Inc. here: https://www.rt.com/shows/renegade-inc/ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Renegade Inc. provides its members with the content and connections that help navigate the ‘new normal’. Finding the people who are thinking differently about the world means we offer an alternative perspective on business,...

This post originally appeared on Pieria in July 2014. Roger Farmer has a blogpost in which he shows that labour markets don’t clear. Specifically, employment varies with the business cycle, whereas the labour force participation rate and hours worked only show long-term secular trends. During cyclical downturns, therefore, we must conclude that there is more labour available than there are jobs. New Keynesians say that the reason for this is sticky wages. If only nominal wages could fall...

Most people want government to spend more money on them than on anyone else. This applies regardless of their tax contributions (those who don’t pay tax often demand more than those who do). And it is completely understandable. After all, charity begins (and when times are hard, ends) at home. So when voters in the US were asked what the government’s spending priorities should be, it comes as no surprise to discover that their preferences varied by age: As we would expect, the...

Over at Bruegel, Zsolt Darvas takes the ECB to task for systematic forecasting errors in the last five years. He shows that the ECB has persistently overestimated inflation and unemployment, and on this basis he questions the ECB's decision to end QE in December 2018. I share his concern that the ECB has tightened too soon, though as the ECB's QE program is seriously flawed and very damaging, I am not sorry to see the back of it.But I think that in focusing on the last five years, he has...

Some things just make me furious. This post by David Hencke, for example. In it, he claims that politicians of all three main parties agreed to raise the state pension age for women to compensate for the ending of the Treasury's contribution to the National Insurance fund. This isn't true.Not only is it untrue, but it directly contradicts the research upon which the article relies, and dishonours the memory of a man who fought hard for pensioners' rights.Hencke based his article on this...

On Saturday, I watched Ken Loach's 2016 film "I, Daniel Blake" for the first time. The following evening, I watched the second episode in the BBC's adaptation of Victor Hugo's 19th century novel "Les Misérables". And here is my unpopular opinion. I think that as a parable of the U.K. today, particularly the difficulties experienced by single parents, "Les Misérables" beats "I, Daniel Blake" hands down. Why? Because Fantine's story is closer to the experience of single mothers today. True,...