Economy
The economic engine of the comune is the frazione of Osteria del Gatto, in the plain below, with several factories (cheese, packaging materials). An unusual aspect of the town's economy is that the municipal government has taken advantage of the winds sweeping the Cima del Mutali to contract the construction of two windmills for electrical generation; Fossato is a net exporter of electrical energy, and the installation turns a profit used for the operations of local government.
Read more about this topic: Fossato Di Vico
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)