---

Higher Education

I welcome what the right reverend Prelate has said. However, he should not take my definition of economic growth and creating wealth in the narrow way that he implied. When we talk about pain research or other ways of paying attention to the needs of the sick, we are talking not only about creating wealth to provide a first-class health service in our country but about creating wealth in the broadest sense of the term. There is such a thing as public wealth. Public goods and public services constitute wealth in our society, and university research and the graduates that it produces contribute to those as much as they do to any other sort of wealth creation.