The Governors Ashridge lecture

Quarterly Bulletin 1980 Q4
Published on 01 December 1980

The Ashridge Lecture given by the Governor at the Cafe Royal in London on 20 November 1980.

I am grateful for the invitation to speak in this annual series of lectures. As you will see, I have chosen a subject which may appear at some remove from my immediate financial responsibilities and preoccupations. I shall not be concerned with developments in money. And I shall be looking beyond the present recession. For it seemed to me that it might be appropriate on this occasion to address a wider theme and to try to set in perspective the longer-term consequences of the development of North Sea oil.

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