Richard Smethurst

Duration: 2 hours 44 secs
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Description: An interview on the life and work of the economist and Provost of Worcester College, Oxford, Richard Smethurst. Filmed on 29th September 2010 by Alan Macfarlane and edited by Sarah Harrison. Generously supported by the Leverhulme Trust.
 
Created: 2011-06-07 10:46
Collection: Film Interviews with Leading Thinkers
Publisher: University of Cambridge
Copyright: Professor Alan Macfarlane
Language: eng (English)
Keywords: economics; Worcester College; Oxford;
Credits:
Actor:  Richard Smethurst
Director:  Alan Macfarlane
Reporter:  Sarah Harrison
Transcript
Transcript:
0:05:07 Born in Chipping Norton in 1941; my father was General Manager and Chief Engineer of a small electrical firm called Switch Gear and Equipment; my father was an electrical and mechanical engineer; he went to Walsall Grammar School and served an apprenticeship at the Daimler car company in Coventry where his apprentice master was my mother's father; my father had great admiration for him and he was a skilled tool maker; my mother was earlier connected to my father because she had piano lessons from his eldest sister who also lived in Coventry; my mother was born in Hereford.(I did say this, but I have subsequently learned that it is not true: she was born near Handsworth, in Staffordshire – it was her father who was born in Hereford. In 1901, the Census shows her as 6 weeks old, her father as a “mechanic – cycle maker”. In the 1911 Census her father has become a “motor trade worker” (her mother has died, but her middle sister, Ida, is still alive, aged 15, at the Census date.) and I don't know why or when her family came to the Coventry area; my father came from a very large family of thirteen children; their father was called Chief Clerk of a large mental hospital outside Lichfield at a place called Burntwood; they were an interesting, somewhat disputatious, family; by the time I was aware of them there was a big rift between the eldest brother who lived in Birmingham and my father, who was the youngest boy; I think the rift was over whether the eldest brother, unlike all the other brothers, had contributed to my grandmother's upkeep since my grandfather’s death; my father was fourteen at the time of his death in about 1915-16; my grandfather was obviously a multi-talented man, at least by the accounts of his family; they recount him playing two or three different musical instruments; more interesting to me as a child were their stories of their childhood together, in particular of an uncle called Dick, whom I never met; for that reason my mother never called me Dick, I was always Richard to her; she was a reasonably simple soul, who had been a book-keeper when employed, who had an idea that I would turn out like my uncle if she called me Dick; he was sent to Canada for some misdeed before World War I; when one of my aunts died about twenty years ago, we found among her possessions a postcard from Liverpool to his mother, with the picture of a White Star liner on the front, saying he was about to embark for a happier life; a few years later when another aunt died we found among her belongings a photograph of a small child; my elder daughter with the sharp eyes of a twelve year old, noted that the handwriting looked the same as on the postcard; we compared them and indeed it was; because all these aunts died intestate we had to try and trace this child to see whether it was entitled to any money; indeed my solicitor did, but unfortunately never divulged to me their names and addresses, so I missed the chance of writing to him or her to ask whether they knew what their grandfather did to be sent to Canada; he was a colourful character so there were lots of lovely stories about him; all the boys went to Queen Mary's Grammar School, Walsall, and there is a story that he was set to write two thousand lines as a punishment, and set his brothers and sisters to do it for him; they were engaged in this line writing factory when in came my grandfather, who saw what was going on and ripped up all the lines; nothing daunted, Dick went to school the following morning and produced the ripped up lines; when asked why the pages were torn he told the schoolmaster that his father did not approve of setting lines; he apparently got away with it, so a man of considerable charm and roguery; I admired my father hugely; six months after I was born he volunteered for the Indian Army, and was in IEME (Indian Electrical and Mechanical Engineers), largely mending tanks for service in Burma; I didn't really know my father but can vividly remember him sending rather nice letters with pictures; an uncompleted model railway engine which he had started to build for me when I was a week or so old stood on a shelf; when he was demobbed I remember desperately pleading with my mother not to kiss him on the station; I can equally remember being picked up by this person wearing a rather smart army uniform, and with great offence to my dignity being put on his shoulders, and walked to the back of the train to the luggage van; I admired him, but we had quite a difficult relationship in many ways; he was immensely competent at anything to do with his hands; he had gone through apprenticeship as a mechanical engineer, and night school, and passed all the examinations for associate membership of the Institute of Mechanical Engineers; he did the same thing for electrical engineers; he was one of that generation who nowadays would have gone to university, but he didn't; as a result he was entirely unimpressed by universities; I vividly remember ringing home after I got my Schools results to tell them I had got a first; my father said that was good and then moved on to something else; it was years later when I actually dared to tackle him about this; it turned out that my elder cousin had been to Cambridge and got a first at St Catherine's, so my father with an observation of two persons going to Oxford or Cambridge, both of whom got firsts, thought that there were lots of firsts; he is still with me whenever I try to do any DIY job; I hear his voice over my shoulder saying never use a nail, always use a screw etc.; he reminds me of a Jack Dee sketch of a cat and a dog watching their master put a shelf up, with the dog praising him, and the cat just saying it is not straight; only when he was dying of liver cancer, and we spent some time together, we talked through some issues we had, and that was good; he had a slow-burning temper and could maintain a grudge for years, and did so with his elder brother; my mother had a much more volcanic temper, like mine, which goes to a pitch in about four minutes and then subsides just as quickly, which leaves other people confused; I have tried to keep it under control in the College; I remember losing my temper about three times in governing body meetings, and each time I have hugely regretted it later

14:20:18 I was an only child but had lots of cousins; at Christmas time, our small semi-detached just outside Banbury, was full of family with numerous beds everywhere; I have a group of early memories; when my father first went into the army my mother moved from a little house in the village of Bloxham to live with my father's unmarried sisters, Barbara and Ruth, who were then living in the house with their widowed mother, in Bodicote, just outside Banbury; fairly soon after I was born my grandmother died; the house had chain-link fencing between it and the next door neighbours; an early memory is of the neighbour on one side, Mr Cross, who kept ferrets, which I was terrified of; I can also remember going down to the village duck pond and feeding the ducks; this must have been in my first three or four years because when the war came to an end, despite the fact that Coventry had been badly blitzed, my mother wanted to go back there to get out of the rather poisonous atmosphere of the two maiden aunts who disliked each other; we moved to Coventry just before I was five, so these memories must have been before that age; my mother had an elder sister in Coventry, the only reasonably rich relative I have ever had; my mother was one of three girls and the middle girl was killed, aged about (in fact about 15, see previous alteration), in a road traffic accident with a runaway horse and cart; this left my mother's elder sister, Violet, and my mother, Nora; their mother died when my mother was about eleven or twelve (in fact earlier. She had died before the 1911 census), so my mother was really brought up by Violet; Aunty Vi married a man who had a chain of optician's shops in the Coventry area, so we went to Coventry pretty much as soon as it was safe to do so; that is where my father came back to when he came out of the army; my first school was Coventry Preparatory School and the reason that I went there was because my rich aunt had sent her son there; I went at about five; we then moved to Liverpool because during the war my father had met in his IEME unit somebody called Tony Fairrie; he was one of the sugar making families which amalgamated eventually into Tate & Lyle; there were things called 'Fairrie Cubes' at one stage; Tony Fairrie was a Colonel and my father was a Major in the Indian Army, and Fairrie thought highly of my father; when the war ended there was a vacancy for a chief engineer (construction) in the Tate & Lyle sugar refinery in Liverpool; my father was offered the job on his recommendation; I remember that his first task was to design an internal power station, a turbine hall, for the reconstruction of the Tate & Lyle refinery in Love Lane, Liverpool; after just two terms at Coventry Preparatory School we went to Liverpool, and I went to Rudston Road County Primary School

21:20:24 Possibly because of the unfinished railway engine, I became passionately interested in model railways - Hornby OO electric, with a three rail system; I think I spent more time planning a model railway than actually doing it; I used to like making model trees; I did have a big model railway set; it looked quite pretty but never worked very well; I don't remember any of the preparatory school teachers; I do remember playing a game of football there in which I got confused about which goal I was kicking the ball into, and seem to remember scoring at both ends; I can remember most of my teachers at Rudston Road - Miss Peele, the first teacher in the first form, and later Miss Cowley, who had to deal with a class of forty-nine, she lost her temper very regularly and was terrifying when she did so; I must have left when I was about ten in the year before people took 11+; I remember we had form orders and I was usually top of the boys, but there were seven girls who were ahead of me; almost all of those won Margaret Bryce Scholarships which were offered by the Liverpool education authority to go to the grammar schools in the city; I went to a place called Liverpool College, a minor public school; I went for a variety of reasons; my father was a strong Conservative supporter, and a phrase of Aneurin Bevan's where he had called Conservatives 'vermin', encouraged him to think of himself as part of the vermin club; probably it was because he was earning more money and decided to put it into his son's education; I think they were partly influenced by the nephew of a next door neighbour who went to Liverpool College, who seemed a nicely mannered, charming young boy; there was a boarding house but it was three-quarters day school; you had to take an entrance exam at ten rather than thirteen; I stayed there until I came to Oxford; there were teachers who were extremely important to me; the Vice-Master of the school, who was Headmaster of the junior school, was a man called Harold Lickes; he was a formidable disciplinarian but also a formidable grammarian; he taught us English grammar in the most precise way, so by the age of eleven or so we were doing the analysis of compound complex sentences; one of the ploys he used was to take letters that parents had written him and write them up on the board; they were usually letters where parents were trying to excuse their boys from games; it had the wonderful effect of improving one's grammar, but also of dissuading one's parents from ever writing such a letter; he was a major influence, and if my wife was here she would tell you that I am a formidable proof reader of her articles; there was also an extraordinary man who has only recently died, called Roxborough, who had won the George Medal during the war, not on active service but when training a group of soldiers; one of them had thrown a grenade and it had rolled back into the trench they were practising from; he had picked it up in order to throw it away and it had blown both his arms off; he had two tin arms which he nevertheless contrived to manoeuvre in the most extraordinary way; he had really beautiful handwriting on a blackboard with chalk; he was very kind, an inspirational teacher, but also a pretty harsh disciplinarian; I can remember fooling around in the lunch queue one day and suddenly seeing stars because he had thumped me on the back of my head with one of his tin arms; he was a modern linguist but he taught geography and English; the school was pretty weak on science; I was never very much good at mathematics which irritated my father because he was; I am an economist purely by accident; I suppose writing English came relatively easily to me, and remembering chunks of poetry; I liked English, History, Latin, the humanities, and I did well; it was a single-sex school so I was at the top; I enjoyed games, so had an entirely happy and successful time at school; in the kind of school I went to if you are fortunate enough to mature at the rate that you are supposed to, you enjoy it; one of my great friends who sometimes beat me - we had fortnightly orders, all the marks added up from all the things you did, and you changed places in the classroom; if you were top of the class you were in the back left-hand corner looking from the teacher's desk; you then shuffled round every fortnight in accordance with the order; I was usually sitting next to one of two people, one of whom became Professor of Marine Biology at Exeter University; he didn't mature at the right rate, but too fast, and consequently really didn't like the school; there was somebody else who was a very fine mathematician who got a scholarship to Brasenose the same year that I came here to Worcester, who became senior maths master eventually at Lancaster Royal Grammar School; thinking of him now, I think he was certainly dyslexic because although his maths was wonderful, he couldn't make any headway in anything that required him to write English; he didn't have a happy time in the school either; by maturity, I am thinking of whether you were irritated by silly rules and regulations; I blush when I think of enforcing them, but I did as a prefect

34:31:13 I joined in everything; I played all sport; in Rugby, I began by being able to run faster than anybody in my year, started on the wing and as I got slower I moved inwards; I broke my ankle playing for the probables against the possibles in the final trial for the first fifteen, which wrecked my chances and I greatly regretted it; the same break in the ankle took me through into the first term of serious hockey; I played occasionally in the first eleven; in cricket I never made it into the first eleven but I was a regular second eleven player; I ended up captaining all three second teams, and had my house colours; I acted, and broke another bone by falling off a stage; I also sang; we had a choral society which I was very keen on, and I also played the piano; I still occasionally play when nobody else is listening; music has been a strong theme in my life; in later life I have been a trustee of the European Community Baroque Orchestra; I am a university appointed trustee of the Oxford Philomusica, which is the top professional orchestra in Oxford; I am keen on encouraging the College music activities and I think they would recognise that; I don't like music on when I am studying or doing something serious; when I do listen to music, I either listen to it properly in a concert, or alternatively the time that I have it on as background is when cooking, which is something I have developed over the last twenty years and greatly enjoy doing; we did have a Combined Cadet Force and we did have field days, and I was very good at it; I was best cadet and ended up as Senior Company Sergeant-Major; we had a centenary parade while I was there to celebrate the centenary foundation of Liverpool College Cadet Force; I got great delight out of training a squad to do drill without commands; there was a Royal Air Force regiment squad which did drill without commands; it is quite difficult to do because people have to count, but I trained a squad of boys to do it; I look back on my school and I did pretty well at everything; I was not a rebel; I don't think I had any political views; there was a debating society which I enjoyed; it is curious when you think about it, but I remember being on a CCF camp at Thetford in Norfolk in August 1956; we were sent home early because the troops were mustering to go and invade Suez, and I remember while we were there, green tanks were being repainted in sand-coloured livery; the notion that we were being secret about the intended invasion was really ridiculous; I was only indirectly engaged with the popular music revolution of the late fifties; Richard Stilgoe was at my school and was a year behind me, but we acted together in a couple of plays, so I was aware of skiffle and pop groups; the Beatles don't really emerge in Liverpool until the early sixties; Richard Stilgoe had a group called Tony Snow and something, I can't remember, which was a kind of rival at one stage to the nascent Beatles; it was classical music that I was interested in; for a couple of years with a friend from school, we had season tickets for the Royal Liverpool Philharmonic Orchestra; rather than pop music I was trying to educate myself into liking modern music; John Pritchard was the chief conductor of the Royal Liverpool Philharmonic and there was a series of concerts called Musica Viva which were concerned with modern music; there would be an explanation of the piece either before or after it was played, so I was experimenting with music but not in the pop direction; I still don't greatly like pop music

43:12:06 In school we went to chapel every morning; Nigel McCulloch, now the Bishop of Manchester, was in my class, usually one of the organists; chapel was a regular part of my life; I had not been christened; my father, according to my mother, had had a period of great religious intensity in the 1920s; my parents were engaged for thirteen or fourteen years before they got married, neither of them feeling they had enough money to do so, and each of them looking after a lone parent; my mother was quite keen on religion, not very active, but went to church sometimes; my father never did; although I had not been christened I did confirmation classes at school, and was christened the night before I was confirmed; my first wife, Joan, ended up as chief social worker for the Diocese of Oxford, and Sue is Fellow and Tutor in Theology here, and is a licensed lay reader; the house I am going to retire to in nine months’ time is about 30 metres from St Barnabas Church, and I strongly suspect I am going to be swept up by the Vicar to be the Parish Treasurer, although it is not a church that is absolutely to my taste, being much too high church for my liking; I am a straight-forward Anglican, believe in the parish church system, so will go to my parish church until it really infuriates me; it may infuriate Sue because she obviously feels very strongly about the ordination of women and there being women bishops, and the current incumbent of the church is not really a supporter; of course, I have doubts all the time; Sue will hear me saying different bits of the Creed every week because I can't believe in one bit one week, one bit another; I am terrified of death; when my children were young, my elder son had a penchant for a pop group called The Smiths; I seem to remember the lyrics of one of their songs - I know that when I die I shall find that God has a sick sense of humour - and I think that that is probably right; on Dawkins’ ideas, I am interested in such things; when Alec Graham was Chaplain here there was a thing called the Woodroffe Society where I gave a paper about whether we can speak meaningfully about religion, the logical-positivist and subsequent philosophers view that metaphysical language was literally contentless because you can't falsify it; I was very impressed when I read 'The Selfish Gene', and thought it was also a superb excuse for all kinds of selfish male behaviour; I think if you were to interview Dawkins I suspect that his more shrill attack on religion in recent years is either quite a good publicity stunt, or alternatively, and possibly more likely, Dawkins fighting against his father whom I think was a priest; I don't have those kinds of doubts; it seems to me there are so many doubts about the whole thing, and of course Sue's specialism the Hebrew Bible, and one of the things she very much stresses in her own Anglicanism is the continuity with Judaism; I enjoy teasing her about it too, I don't take it all that seriously; we have wonderful debates on whether the Garden of Eden was the most appalling confidence trick; you can say to any child "Don't touch that", and what is absolutely certain when you go out of the room is that it will touch it; in College, the more I go on I feel I am a Benedictine Abbot

50:49:22 Came to Oxford in 1960 to read PPE, but I had failed ignominiously the previous year to get into Corpus to read classics; that was what I wanted to read; after 'O' level I had roughly similar marks in Latin, Greek, History and English so it was an interesting question what to do at 'A' level; I think I made the wrong choice and should have read either English or History, probably History; it is interesting that both my sons have done History; I went into the sixth classical I suppose because the kudos on the arts side was to do Latin, Greek and Ancient History; the kudos on the science side was to do maths, further maths, and physics, so if you did physics, chemistry and biology you were regarded as a slightly inferior kind of scientist; I think some of that still sticks; the mathematicians and physicists around the place really regard pure maths as being the highest form of life; so I did Latin, Greek and Ancient History and was extremely well taught by a very contrasting pair of teachers, one of whom had a double first from Cambridge, notorious for getting the sixth form to do the wrong set books, but who taught me about scholarship in a curious way; he was a very scholarly man and I can remember there was some crux in the text we were doing, Aeschylus 'Agamemnon', and he said he didn't agree with the notes and wrote his own; he gave to the classical sixth, which included Nigel McCulloch, three pages of notes whereas all you needed for 'A' level was only about a couple of lines; my other teacher who taught ancient history had been at Corpus and had been viva'd for a first in Greats and hadn't got one; I think he thought that I would relive his dream, but unfortunately I failed him at the very first hurdle; I was completely floored by the entrance interview by W.F.R. Hardy, then the President of Corpus; he asked the most simple questions about English word derivations from Latin and Greek, but I was utterly tongue-tied; I had a second interview on my classical general paper; I had done a question on would you rather have been a Greek or a Roman, and I said I would rather have been a Roman because if I had picked the time correctly it could have been quite peaceful, with a reasonable police force, I could have lived in a centrally heated villa, and as an educated Roman I would have had access to all Greek literature anyway; overplaying my hand, I ended by suggesting that the Greeks were rather tiresome, and was interviewed on my evidence for this; I did not get in to read classics and so had to rethink my tactics; I could do general papers, and they had just introduced the new entrance exam for PPE which included three general papers, one précis, one general essay, and a kind of puzzle paper; I had to do two other papers, a Latin unseen which was reasonably easy, and the other was a paper on politics; I did one term of intensive coaching from the master who taught politics; I was interested, and always read the newspapers, and was up to date on current affairs; I got in and was offered an Exhibition; Worcester insulted my school in the report sent to it by suggesting that I was very promising but gravely under-taught; the other thing was that straight away they wrote to me asking if I would like to read classics; they didn't think I could do honour Mods but thought I could do Greats, and there was a new thing called the classical prelim which I could do; by that stage I had decided that classics was not for me so I declined; as a result I had always assumed that it would be philosophy that I would be good at, and in the prelims year that was absolutely true; I was good at philosophy, reasonably good at politics, and I scraped through prelims on economics; it really wasn't until some time in my second year doing economics that it all suddenly clicked; I have no idea to this day why and I have always regarded myself as an accidental economist, I am not really an economist at all; Dick Sargent, the Tutor here, suggested I went in for the George Webb Medley Economics prize which was the thing that was offered at the end of the second year; you had to do a general paper, an applied economics paper, and an Economics theory paper; to my intense astonishment I won it, so there I was allegedly the best economist in my generation; then I was virtually programmed to go to Nuffield and onwards, but I hadn't intended to do that at all; in my first long vacation I did an 'Understanding British Industry' course through the careers service with the Dunlop Rubber Company which had two plants in Merseyside, one in Walton which made moulded rubber footwear, and the other one in Speke, which turned out tyres; I really enjoyed it, so at the beginning of my second year I wrote to them saying I would like to do something with them; they very kindly offered another set of internships, at the end of which they offered me a job, so I was expecting to go into Dunlop to train as a cost and works accountant and to go into industry, like my father; it never occurred to me to be an academic; when I won the West Medley prize I asked my father what I should do; he suggested I write to Dunlop and tell them I had won the university economics prize and that they would offer me more money; I wrote, and they wrote back congratulating me, but assuming that as a result I would no longer wish to join them; that was not my intention at all, but I didn't join them

Second Part

0:05:07 At Worcester I made good friends; the closest were people like John Monks, Peter Goodden and Mark Cullingham; I suppose the thing that brings back those years is actually a piece of music; in the very first summer Mark Cullingham had a college rented house in Wellington Square and he was a very keen enthusiast for a piece of music I had never heard before, and always associate with that summer, which is Prokofiev's Classical Symphony; I was driving yesterday and it came on Classic FM, and straight away I was back in that summer of 1961, the first summer we were here; another thing I remember was sitting in the Lower Library after I won the Web Medley Prize, thinking I had a golden future ahead of me, and the Cuban missile crisis appeared; I can remember looking out over this very quadrangle thinking this was all going to be vaporized fairly soon; my memory is really episodic - sounds, smells - but of course, since I have been here continuously since, there is a sense in which any memory I have may well be overlain with things that have happened subsequently; I have never quite distanced myself in the way that the rest of you have from being an undergraduate; I did some acting in the very first term in 'The Apollo of Bellac' which was directed by Henry Weiss who lived in our house, 20 Worcester Place; also in that house were Mark Davis and John Monks; I remember it as a happy time, but then I have had a boringly happy life, in many ways; one person I can remember is Paul Hyams, who really irritated me and probably contributed to quite a number of us doing better than we otherwise would have done; he would come into your room while you were writing, and pick up a piece of paper and point out errors in it; he was a pace setter; one of the things we did not have at Worcester then, but we do have now, is a sense that quite a lot of people are going to get firsts; that becomes cumulative; admittedly the number of firsts have gone up overall, but now something over a third of the college get firsts, and there is a palpable intellectual atmosphere in the College, which I welcome; I don't think it was so in those days; funnily enough, my memory is more concentrated on the people in the year ahead of us - people who were very rich and pretty stupid; we had collections in the Upper Senior Common Room, and you used to stand on the stairs waiting; I remember the collections were always late, and this particular group of rather well-heeled young men were ahead of us on the stairs, chattering away about what the poor old fool would say about their work this time; after they had gone in and had their collection they would come out rather quietly, go back down the stairs and resume their high jinks in Pump Quad where they all had rather grand rooms; there was a big gap between ourselves and the second year because most of them had done National Service, and very few of us had; they seemed considerably older; the atmosphere in my school was much like a boarding school, I rarely got home before six at night and then I would have a couple of hours homework to do, so home was where you slept; we had school all day on Saturday, and when I was a senior boy there was morning service on Sunday as well, so I might as well have been at a boarding school; being at a day school I had encountered girls, but Oxford was very liberating; it is one of the things that is very different about undergraduates now; they have free and easy relationships already before they come up, and they don't want to distance themselves from their parents in the same way that we did; you came up, you sent a trunk on in advance, and you were here for eight weeks; it was very embarrassing if your parents came up, whereas I meet parents now as we have parents' guest nights every term, and they become very integrated into the College and I observe how often they know their children’s friends; I think that is very pleasant; the parents now have often been to university and have some notion of what it is they have to do; the danger is that sometimes they try to interfere too much; my parents were remote, 200 miles away, and didn't go; my father was, on the whole, supremely indifferent to universities; he once asked me, after I had become a Don, what I did all day; there are two things that people remember about Worcester, and I am no exception, they are the people you were friends with and influenced by, and also the sheer beauty of the place; the latter is particularly so for Worcester, as I doubt that people from Exeter or some other colleges would feel that; one of the things I shall miss when I leave this house is the setting sun catching the stone; I remember Mark Cullingham's production of 'Ring Round the Moon' which was staged in the garden under a big plane tree; they lit the bark, and I never pass it without remembering it; Neville Coghill used to stage Shakespeare on the lake; the famous production that he did in 1947-48, which more people claim to have seen than possibly could have, was 'The Tempest'; in the final scene, Ariel ran across the lake on a platform under water, and then up into the trees on the far side of the lake; some years ago the cast reassembled under the tutelage of Godfrey Smith; Ariel was still alive and stood at the edge of the lake and recited his final speech; there was not a dry eye in the house; I remember War on Want lunches when Alistair Small and I would buy huge quantities of cheese, and the College would allow you to opt out of your meal plan and credited War on Want

14:55:11 I went on to Nuffield with the idea that I would do a DPhil; I went there on a Milk Marketing Board scholarship in agricultural economics; by this stage I had met my first wife and she was already well on the way to completing her course as a social worker; I thought I ought to contribute to the family budget so I looked around for a lucrative post-graduate award, and the most lucrative were both in agricultural economics, the Milk Marketing Board and the Pig Industry Development Authority; the Milk Marketing Board wanted me to go to Manchester University which had a very good reputation for agricultural economics, but by that stage I had also got into Nuffield; the Warden intervened on my behalf and the scholarship was transferred here; I went to see Terence Gorman who was the Professor of Mathematical Economics and he gave me a very bad piece of advice; I told him I was a classicist by training, that I happened to have been good at economics but knew it was a fluke, but if I was to become an economist I would absolutely have to do mathematical economics; he suggested that if I did it for two years it was likely I would be only third rate, and that I should set out to be a first-rate non-mathematical economist; that was a bad piece of advice; I should have done what I intended to do and really learnt the grammar of mathematical economics; I taught economics pretty well for ten years, but by the end of that my cover had been blown, and I don't think I would have been fit to teach undergraduates much more; the subject had moved on and in ways that I could not really follow; I had to do something that would suit the Milk Marketing Board so I did my thesis on the use of American food surpluses under their Public Law 480 food surplus as aid to developing countries: I was comparing the direct aid from America bi-laterally to countries through PL 480 with a more roundabout route where they gave PL 480 supplies to the newly established World Food Program which is part of U.N.F.A.O., then the F.A.O. distributed the food; I looked at projects in Turkey which was extremely interesting, and I also looked at what was going on in Rome and in the F.A.O. headquarters; two or three times Alastair Small and I drove down to Italy, he to go to the British School, me to work in F.A.O; then I got a fellowship at St Edmund Hall; these were extraordinary days because all of a generation teaching at Oxford, London and Cambridge went off to be the new professors in the new universities - Sussex, Essex, Warwick, Kent etc.; Dick Sargent who had been my tutor here, went to be the first Professor of Economics at Warwick; John Vaisey who succeeded him here went off fairly quickly to be Professor of Economics at Brunel; my graduate supervisor who was a Fellow of St Edmund Hall was unsettled by all this, but he moved to become the chief economist of a big American multinational food company called W.R. Grace; I more or less stepped into his shoes as Fellow and Tutor in Economics at St Edmund Hall; I remember being interviewed for a fellowship in economic history at St Peter's, which in retrospect would have been a good post to take; the chairman of the selection committee was Professor Sir John Hicks, Oxford's only genuine Nobel prize winner in economics; I told him that I didn't know any economic history and he said that I could get it up; it was a very different world in those days; after I taught for a couple of years at St Edmund Hall John Vaisey left here and went to Brunel, I was asked to come back here; I had a curious non-interview interview; I was already a Fellow of another college so they couldn't interview me, but I knew that I was meeting the interview panel, and they knew that I knew; we discussed how, in principle, one might teach economics; the effect on my DPhil was that my then university supervisor, Arthur Hazlewood, a Fellow of Pembroke, who was very non-interventionist, suggested I stopped doing it; the reasons he gave were that I would be teaching so much I would not have time to do the work, but also that it would be indecent if I got a DPhil; this was 1966-7 and not a single member of the economics faculty in Oxford had a doctorate; it was a very bad mistake not to do it; I had got a long way, and at Hazlewood's suggestion, I did write a long boring article about my thesis; that was also a mistake because once the theme of your thesis is out in the public domain there is not much point in finishing the thesis because you have made your contribution to scholarship; the article has been cited a couple of times but I had twenty-six files of material in my attic; I had a letter from a graduate student at St Andrews who understood I had a lot of unpublished material about the early years of the World Food Program; he came and read it and I liked him a lot so I gave it to him; he used it; he transferred to Cambridge, got a doctorate, and wrote a book about it afterwards, but I felt so relieved that this albatross had gone from round my neck; I think it would have been useful to have had a doctorate because I have been completely overtaken by events; nobody can teach in a university in Britain now without one; there is a sense in which every job I have had I have felt very lucky to have got

25:36:14 After a couple of years back at Worcester I went on part-time secondment to the Treasury, for what, in the end turned out to be three years; everything in my life happens entirely by accident; this was a result of an ill judged question at a seminar; there was, and still is, a thing in Oxford called the Oxford University Business Summer School which is aimed at bright young businessmen who have not done economics; it is an intensive course, in those days lasting a month, and the pattern was that you had plenary lectures for about forty-five candidates, and you then divided into syndicates of about ten or twelve, in the morning; in the afternoon you did your own work, then in the evening at five there was another lecture, and after dinner somebody from the real world talked about the topic of the day; one of the tutors was in charge of evening session; it was very intensive and hard work, but extremely well paid; I was on duty when Sir Donald McDougall, the Government Chief Economic Advisor, gave an after-dinner talk; Donald had a very quiet voice and was a pretty unimpressive speaker; we all sat around in armchairs, in Merton as I recall it, and pretty well the whole audience was snoozing; Donald got to the end of what he had to say and I had to ask a question as there clearly would not be one from the floor; I asked him to look over the edge of the abyss and tell us how deep it was - this was 1968 - and he looked at me for a long minute and said he had never believed the view, common amongst economists, that a country could not go bankrupt; he did not know but that very morning I had been lecturing on international economics and I had said it was ludicrous to think that countries could go bankrupt; the audience were snoozing but not that much; they woke up and then plied him with the most torrid set of questions for about half an hour until I could bring it to an end; I found myself in the men’s room after the lecture with Sir Donald, and apologised profusely for asking him the question; he said I had better come and find out how difficult it was ; it seemed a good idea and a month later I was in the Treasury; I was put in a thing called FH2 which stood for Finance, Home, second group; we reported to a really bright man called Robert Armstrong, and we did monetary policy; I was there, put in at Donald's request, in order to shadow a really bright young treasury official called Andrew Edwards, who was strongly suspected of being at least covert if not a real monetarist; these were the days of the height of the monetarist-Keynesian debate, and I am, and have always been a very strong believer in the views of that great Fellow of King's; Edwards was much too clever a civil servant not to know that, and equally too clever not to circumvent me perfectly easily; nevertheless, I did monetary policy and found myself part of a group which redesigned the control of the UK banking system which was one of the specialisms I lectured on in the University; we devised between us the thing known as competition and credit control which was promulgated in 1971, and it was an interesting time; the IMF was around, and the great delight, apart from Donald McDougall who had this wonderful way of guessing at forecasts, was working with Michael Posner; he was at Cambridge by then, but was a very Oxford man at Cambridge; I think he was regarded with some suspicion by the more cerebral Cambridge economists as not quite up to the mark; at Cambridge at that time and since was one of my Nuffield contemporaries, namely Bob Rowthorn; he was what I should have turned myself into, namely a mathematical economist

32:29:10 After the three years at the Treasury I came back to Oxford and taught; fairly soon after that I was asked out of the blue to go and have lunch in London with a company which was facing arraignment before the Monopolies and Mergers Commission; I said I was not a micro-economist but they said they understood that I was a very good teacher and that was what they needed as they had to convince the Monopolies and Mergers Commission, and they were not technical economists; the company turned out to be the Pedigree Pet Foods division of Mars; I asked them to define what they regarded as success; that was 100% clean bill of health; they had something like 37% of the market and return on capital employed of 52%; I told them there was no way they would get 100% clean bill of health with those figures, but two and a half years later, we did; that was very stimulating; I was working with Jeremy Lever who was the QC, a Fellow of All Souls, and very bright, having done the MPhil in economics some years before, and a man called John Swift who was his junior, who also became a leading QC; the Monopolies Commission works a bit like a law court, there is a certain sort of adversarial system in it, and once the case was over I let it be known to various friends from the Treasury that we had been allowed to get away with various arguments which we should not have been; I was summoned to see the Minister; I assumed it was to talk about the deficiencies of the government economic service; to my astonishment he asked what I would bring to the monopolies commission as a member; I told him that at that moment it would be a strong sense of the absurd; he told me I was hired; so I found myself on the Monopolies Commission; that was a part-time job, and I did various cases, including on my fortieth birthday writing a memorandum of dissent on a case involving banks where I argued that the Hong Kong Shanghai Bank should be allowed to bid for a British bank in order to introduce more competition; gradually I got more and more senior in the Commission, but I became Deputy Chairman, as a result of another accident; the chief administrator of the Commission is called the Secretary, which always caused difficulties to companies we went to visit because if they put us up in an hotel they usually thought the secretary was very junior; I said to the Secretary after one hearing, which had been extremely badly handled by one of the deputy chairmen who had really let a company off the hook, that if I couldn't do it better than that I should be shot; he told me there was to be a vacancy within a month for a deputy chairman, and was I willing to have my name put forward; I became a deputy chairman which I did for three years; at the same time I was running the Department for Continuing Education; I had stopped being a tutorial fellow here partly because I really felt that I was getting to the point where I wasn't really capable of teaching really bright undergraduates; I stopped teaching in 1976 and took on the role of Director of the Department for External Studies as it was then called; I had always done a lot of lecturing for adult groups, for the Workers Education Association etc., as I really enjoy teaching adults, so I opted for that job and got it; I was running a university department which was largely an administrative job, although I did do WEA classes; having been Chairman of Economics and then Chairman of the Social Studies Faculty Board, I was on the General Board of Faculties; the monopolies job was three years during which time I had three years leave of absence as director of my department; in the last year I was told that the chairman wanted to apply for me to stay on but I didn't hear anything; meanwhile, the General Board was busy electing its next chairman, and they asked me to do it; I said I would, assuming I would not be asked to continue on the Monopolies Commission; two days later, a letter which had been misdirected caught up with me, inviting me to stay on as a deputy chairman for another three years; by that stage I had agreed to take the university post, and that is what I did; I became Chairman of the General Board for two years, and while I was doing that job I was asked if I would allow my name to go forward as Provost, and I said yes

40:55:00 Colin Lucas became Vice-Chancellor in about 1997; I was a final contender, but to be perfectly frank, I wouldn't have got me that far; I was disappointed in the way that one is, but in many ways it had turned out for the better because I have hugely enjoyed the job here, and I am not sure I would have enjoyed being Vice-Chancellor; in those days the Vice-Chancellor did retain whatever substantive job he had so Colin Lucas remained Master of Balliol, but it is very difficult for the College as they have to appoint somebody in your stead; the advantages that the Vice-Chancellor gets to use his official residence associated with his college job, whereas when the possibility of having a so-called professional Vice-Chancellor arose, the University bought a house for him; it is a nice house, but not a patch on this; Hood had been my graduate student and I was on the committee that appointed him; I also visited him in New Zealand; I think he misread the situation when he came in; the university's finances were extremely foggy; we had done exactly the same thing that Cambridge had done which was introduce a new accounting system based on Oracle; we thought we could avoid all the mistakes that Cambridge made, but we did not; at the time the management of the university's finance division was not up to the task; I think John interpreted this as evidence of a deep structural weakness in the way the university worked and sought to impose a different model, essentially a North American State University model where there would be a board of regents; what was actually flawed was his reading of the situation, because one of the good things that he did - (John was an absolutely first rate chief financial officer, but perhaps not the temperament and personality to be a good chief executive officer or chairman) - was to appoint a very good director of finance; the fog lifted, the University had a miraculous turnaround suggesting that the situation had never been as bad in the first place, but John persisted with his deep structural reforms and was defeated by Congregation; as it happened I had pulmonary embolism and then pneumonia in the Spring of that year when John was introducing his reforms; when I got out of hospital almost the first phone call that I had was from the Head of another College telling me that I must call my dogs off; I asked what he meant and he said the people who were persecuting John Hood and making his life a misery; I did not believe him, but I was wrong; there were at least two fellows of the College who were in the inner group that opposed John; but I would not have interfered in any case, partly because I thought they were right, and that John was trying to reform the University in a way which cut across the grain; the notion that the University is full of silly old fuddy-duddies who are all right-wing, is just absurd; the whole political centre of this university and Cambridge will be to the left of centre by quite a long way; it is not that they are not capable of radical thinking, it just is that they were not convinced that this model - a board of trustees with various things under it - was what was required, and I think they were right; Alison Richard, John's counterpart in Cambridge, went about things much more quietly and really rather well; on the power of colleges, as we look at Cambridge, it always seems that we are weak and Cambridge Colleges are strong; Cambridge Colleges are certainly richer on the whole; it is true that there is the joint appointment system in Oxford which is not so in Cambridge; prior to my candidacy for the Vice-Chancellorship, I had been on the North Committee which proposed reforms to how Oxford worked; I voted in the end for the continuation of the joint appointment system; if I was now on a committee, I would not; I think there are advantages and disadvantages in both systems, and I think that now the balance has shifted in favour of the Cambridge system; the argument was whether you think that academics are capable of governing themselves; I think they are, and it is better that they do; I worry about the increasing incidence of "professional managers" even in universities; although I have been a strong supporter of Management Studies in Oxford and taught quite a lot for the predecessors of the Said Business School, I really do not believe there is much that is scientific about management science; I basically don't believe that there are a set of transferable skills which can be moved from the health service one week to running something else another week, or from running a major company and then a university; I think this is rubbish; I think you have to understand properly, down to quite a fine level of detail, what it is you are trying to manage; I think that is often better done by people who know where the bodies are

52:09:10 At Worcester, I don't think I am trying to manage anything, but am trying to facilitate; this is the Smethurst theory of academic management - I don't think that you are managing in the sense that you are managing a company; I actually said to John Hood that the job is similar to managing a shopping mall, it is where it is, it is not going to move anywhere else; your job is to keep the streets swept, the shops attractive, and to have good people passing through; sometimes the shops will change hands, which is good; you have got to facilitate, to enable, in film parlance, you are not a director, but a producer; you bring together the resources and let other people flourish, that is my theory of what we are supposed to do; I think you have to recognise that in a university like this or Cambridge, however good a degree you have there is a group of people who are just way beyond it; what you have to do is not be threatened by that, but just to take pleasure in it; you delight in it because you are enough of an academic to see what their skills are; that is true for the Fellows; whether I have succeeded, I don't know; for the kids it is rather the same; they are very talented, and I think they are better-rounded people than we were, with more skills, although the degree to which they have followed anything to any depth is much less than was true in our day; I think the job of an Oxford or Cambridge College is to allow people to develop their own all-round talents to the highest degree; that is not very easy to put down in terms of targets and achievements, but is extremely important; it gives me pleasure when good people get firsts, or act well, play music well, or are good at sport; one of my children went to another college and told me that the address given to freshers was that they were there to work, work, work and work; what I say to freshers is “if all you ever do while you are here in Oxford is work, you are wasting your time; if you never go into the Ashmolean, or the Playhouse, or a concert in the Sheldonian, you have wasted your time”; I think we are trying to allow people room to grow under challenging circumstances; I think it is important we challenge them; it is extremely important that they are challenged academically, which was not true when we were undergraduates; we are much fiercer on their academic progress where we take collections, both in terms of end of term reports and college examinations, much more seriously; it is much more competitive to get into the college than it was, indeed one of the things I am most proud about is that, partly as a consequence of this big building programme I have led over the last seven or eight years, for the last five or six years we have had more applicants than any other college by quite a long way; that gives us more choice so we can choose really good people and make it a place where they really develop their talents; when I contrast this with my younger step-daughter who went to Sussex, she was absolutely determined she was not going to Oxford or Cambridge; she is very tall and fit, and at freshers week in any Oxbridge college she would be put into a boat, and she would have loved it; equally, she has grade 8 clarinet and would have been in a College orchestra; at Sussex, neither, because in a unitary university you have to be very good to be in a university orchestra, but in a collegiate university you just have to be quite good; I think that that difference is the key thing that differentiates and justifies the collegiate system, but it is hugely expensive; it does allow people to have a go at something in a kind of unthreatened way.
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