Economy
Aachen has a large number of spin-offs from the university's IT-technology department and is a major centre of IT development in Germany. Due to the low level of investment in cross-border railway projects, the city has preserved a slot within the Thalys high-speed train network which uses existing tracks on its last 70 km from Belgium to Cologne. The airport that serves Aachen, Maastricht Aachen Airport, is located about 40 km away in Dutch territory, close to the town of Beek. Aachen was the administrative centre for the coal-mining industries in neighbouring places to the northeast; it never played any role in brown coal mining, however, neither in administrative or industrial terms. Products manufactured in or around Aachen include electronics, chemicals, plastics, textiles, glass, cosmetics, and needles and pins. Its most important source of revenue, the textile industries, have been dead for almost half a century now.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)