Michael T. Maloney passed away this week. We both loved applied price theory and golfed to the exact same handicap.
We both liked sailing too and together sailed around Long Island in less than 24 hours. He frequently asked why we had to spend so much time scouring the ocean for our competition. To this day I don’t know how to answer this question coming from a first-class IO economist, but perhaps he did not want to imitate Ahab too much.
Our 2011 corrected finish time was the best in that year’s fleet (and many other years’ fleets). We (Mike and me and 2 others) especially liked beating the two U.S. Navy college teams, which had crews of a dozen each, larger boats, and of course government money.
We almost lost Mike a few years ago when he parked in front of his house, went inside, and minutes later saw his Suburban completely crushed by the falling of a large tree.
Mike was particularly saddened when Matt Lindsay passed away in 2015. I hope they are together again.
