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Preston Byrne

Preston Byrne

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Preston Byrne is a Fellow of the Adam Smith Institute and Sole Member at Tomram Consulting.

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  1. The Blockchain Pipe Dream
    Digital security concept Getty Images

    The Blockchain Pipe Dream

    Mar 5, 2018 Nouriel Roubini & Preston Byrne show why the “distributed ledger” technology will fall far short of what has been promised.

  1. zizek16_ Frank Rumpenhorstpicture alliance via Getty Images_chatbot Frank Rumpenhorst/picture alliance via Getty Images
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    Artificial Idiocy

    Slavoj Žižek

    The problem with the new chatbots is not just that they are often stupid and naive; it is that they are not “stupid” or “naive” enough to pick up on the nuances, ironies, and revealing contradictions that constitute human culture and communication. Worse, by relying on them, we risk succumbing to the same obtuseness.

     fears that the rise of powerful chatbots will spell the death of irony and nuance in human thought.
  2. kabubomariara1_Per-Anders Pettersson Contributor Getty Images_research africa Per-Anders Pettersson / Contributor Getty Images
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    Localizing Development Research

    Julia Kaufman & Jane Kabubo-Mariara explain why funders should be providing more long-term resources to researchers in developing countries.
  3. eeckhout1_Feature ChinaFuture Publishing via Getty Images_digitalrenminbi Feature China/Future Publishing via Getty Images
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    The Simplest Fix for Banking

    Jan Eeckhout

    Following the latest banking crisis, monetary authorities should seriously consider how modern digital technologies could be used to avert such problems in the future. A central bank digital currency would both eliminate many barriers to financial transactions and end the risk of bank runs once and for all.

     explains how central bank digital currencies would end bank runs and banks' excessive risk-taking.
  4. chellaney161_ARUN SANKARAFP via Getty Images_blinken lavrov ARUN SANKAR/AFP via Getty Images
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    America’s Interest in Ending the Ukraine Crisis

    Brahma Chellaney explains why prolonging the conflict risks realizing the West’s worst geopolitical nightmare.
  5. krueger61_Tom WilliamsCQ-Roll Call, Inc via Getty Images_Intelsemicronductors Tom Williams/CQ-Roll Call, Inc via Getty Images
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    America’s Industrial Policy Is Counterproductive

    Anne O. Krueger laments that the Biden administration is adding red tape to an inefficient subsidy program.
  6. braham1_YURI CORTEZAFP via Getty Images_informal workers YURI CORTEZ/AFP via Getty Images
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    Who Gets Squeezed by Austerity?

    Christy Braham urges governments to reject calls for budget cuts and invest in the welfare of billions of vulnerable workers.
  7. davies85_ Justin SullivanGetty Images_sanfranciscofed Justin Sullivan/Getty Images
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    America’s Financial Regulatory System Is Still Broken

    Howard Davies laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings.
  8. fayolle3_MUNIR UZ ZAMANAFP via Getty Images_drinking water MUNIR UZ ZAMAN/AFP via Getty Images
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    The Water Crisis Is a Vital Investment Opportunity

    Ambroise Fayolle & Henk Ovink calls for new thinking about how we value the planet’s most important natural resource.
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    PS Events: What Economics Is Missing

    PS editors present the What Economics is Missing event.

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