Economy
Krosno is located in an oil bearing region. Surface seepage of oil was locally used (unrefined) in lamps as early as the 16th century. In the 19th century Ignacy Łukasiewicz a local pharmacist began exploiting the deposits from hand-dug wells, years before the drilling at Titusville, Pennsylvania which is usually said to be the beginning of modern petroleum development.
One of the things that Krosno is well known for is the quality glassware and crystal that is produced in the town, and distributed throughout the world.
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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)
“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)
“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)