Economy
Being Sicily's administrative capital, Palermo is home to much of the region's main economic, financial, touristic and commercial life. The city currently hosts an international airport, and Palermo's economic growth over the years has brought to the opening of many new businesses and entrepreneurial opportunities. The economy mainly relies on tourism and services, but also commerce, shipbuilding, trade and agriculture. The city, however, still has high unemployment levels, high corruption and a significant black market empire (Palermo being the home of the Sicilian Mafia). Even though the city still suffers from widespread corruption, inefficient bureaucracy and organized crime (Mafia), Palermo's crime level has gone down dramatically, unemployment has been decreasing and many new, profitable, strategies (especially regarding tourism) have been introduced, making the city safer and better to live in.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)