Professor John FitzGerald:

You have limited resources and allocate them. Significant resources are allocated to the macro-economic area. We have additional resources in some areas. We do a lot of work on energy, communications and a range of other detailed matters. If there was more money available, there would obviously be more research, but that is a matter for the State. When we were arguing about cutbacks elsewhere, we were not saying, "You should massively expand research in that area." That is for others to decide. If the political system wants to recommend the undertaking of more research in that area, it would be very welcome, but to campaign on our own behalf would not have been wise in the past.