Art and its capital: an update

I’ve blogged several times in the past year about Genshiro Kawamoto, a billionaire who buys multimillion-dollar houses in Honolulu by the dozen, partially demolishes them, installs giant garden statues at random on their lawns, and then abandons the ruins. As of March 4, the news is that Kawamoto is under arrest in Japan for tax evasion. Television coverage, with pictures of his Honolulu project, is at