Abstract
In November 2008 Bob Wallace and I visited Peter Karmel at his home in Canberra. We had our photo taken (by Joan Harcourt) with a copy of Economic Activity (1967), which had just been reissued by Cambridge University Press. It was Bob’s and my first book and Peter’s third (his two previous books were Applied Statistics for Economists (1957) and The Structure of the Australian Economy, co-authored with Maureen Brunt (1963)). We had a very happy hour and a half natter, ranging far and wide over Peter’s life, current affairs and books read recently and in the past. Sadly, it was the last time we were to see our much admired and highly valued friend and former colleague.
Originally published in Agenda, vol 16, no. 1, 2009, pp. 63–66.
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References
Karmel, Peter 1959a, ‘The Marginal Efficiency of Capital’, Economic Record 35(2): 429–34.
Karmel, Peter 1959b, ‘Some Reflections on Productivity, Inflation and Growth’, Economic Growth 35(2): 349–63.
Meade, J. E. and Russell, E. A. 1957, ‘Wage Rates, the Cost of Living and the Balance of Payments’, Economic Record 33(1): 23–28.
Pitchford, J. D. and Hagger, A. J. 1958, ‘A Note on the Marginal Efficiency of Capital’, Economic Journal 68(271): 597–600.
Soper C. S. 1959, ‘The Marginal Efficiency of Capital: A Further Note’, Economic Journal 69(273):174–77.
Wallace, Bob and Karmel, Peter 1962, ‘Credit Creation in a Multi-bank System’, Australian Economic Papers 1: 95–108.
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© 2012 G. C. Harcourt
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Harcourt, G.C. (2012). Peter Karmel: A Tribute (2009). In: The Making of a Post-Keynesian Economist: Cambridge Harvest. Palgrave Macmillan, London. https://doi.org/10.1057/9780230348653_19
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DOI: https://doi.org/10.1057/9780230348653_19
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