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.I wish to find better pictures (Skip has several on...
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