I’m not even sure how to comment on this story. I have written previously on how modern golf course design takes a backseat to that of the “Golden Age” of architecture, creating courses that can only be afforded by the super-rich and played by the super-skilled. Now comes word that a Dutch (alas!) company is building a $500 million course whose holes float and whose cart paths are under water.
“The yet-to-be-named project is part of a larger government-approved development which will include 200 villas and about 45 private islands off the Maldives coast.”
Here’s an argument for raising the top marginal rate to the 70% range and further evidence, if any is needed, that the plutocrats aren’t exactly suffering, or beset by the sorts of economic anxieties the rest of us are.