Paul Seabright

Paul Seabright is a professor of economics at the University of Toulouse-1.

Diary: What Explosion?

Paul Seabright, 1 November 2001

On 21 September, the day of the explosion, I should not have been in Toulouse at all. I was due to be in America, where a conference that involved many people flying long distances was being held in a defiant gesture of business as usual. My excuse seemed curiously convenient. ‘You fell off a bridge?’ There were no external traces, barely even a bruise, just a tendency to wince...

Letter
Multinationals are a complex and troubling feature of modern society, but they will not go away and it is not remotely desirable that they should. They wield a lot of political influence, some bad and some good. They are the theatre for much of the comedy and tragedy of personal life at the turn of the millennium. They also transmit knowledge and skills across frontiers and generations. They value...
Letter
Michael Byers’s article on the lessons of Seattle (LRB, 6 January) managed to add to the already voluminous confusion on this subject, as much by what it did not say as what it did. It began with an accurate account of the way the WTO has failed sufficiently to advance the aspirations of the world’s poorest countries. It concluded with an approving nod to ‘the rise in power … of individual...

In the Languedoc there is a vineyard that teaches us an important lesson about textbook learning and its application to the world. In the early Seventies it was bought by a wealthy couple, who consulted professors Emile Peynaud and Henri Enjalbert, the world’s leading academic oenologist and oenological geologist respectively. Between them these men convinced the couple that their new vineyard had a theoretically ideal microclimate for wine-making. When planted with theoretically ideal vines whose fruits would be processed in the optimal way according to the up-to-date science of oenology, this vineyard had the potential to produce wine to match the great first growths of Bordeaux. The received wisdom that great wine was the product of an inscrutable (and untransferable) tradition was quite mistaken, the professors said: it could be done with hard work and a fanatical attention to detail. The couple, who had no experience of wine-making but much faith in professorial expertise, took a deep breath and went ahead.

The Operatic Theory of History: a new Russia

Paul Seabright, 26 November 1998

The current crisis in Russia and the near-unanimous pessimism it has generated about the country’s prospects make this an unfortunate time to be reviewing two books with titles as upbeat as Rebirth of a Nation and Resurrection. Curiously, though, neither book has dated as much as one might have expected since the events of last August – which is to say that the crisis has told us little we did not know, at least in outline, before.’

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