Does the Sale of a Hawaiian Island Matter?06/22/2012
Not sure if you heard, but billionaire Larry Ellison plans to buy Lanai, the sixth largest of the eight Hawaiian isles.
The news was hard to miss, and was more quirk than concern for national media, but the question here is: Now what?
It would seem that there should be broad policy issues related to the private sale of a 140-square-mile island that includes two resorts and claims more than 3,000 residents.
But aside from the bombastic nature of the land sale the implications of the maneuver for most people are rather mundane.