Economy
The main economic engine of the valley is the Aspen/Snowmass recreational skiing complex which directly or indirectly drives the related tourism, hospitality, retail, construction, real estate, professional service and property maintenance industries. Although skiing forms the foundation of the economy, other activities increasingly contribute to visitor numbers. Non-winter recreational and cultural activities such as fly fishing on the Fryingpan and whitewater rafting on the Roaring Fork, Aspen Institute and Rocky Mountain Institute conferences, the Aspen Music Festival, and numerous other cultural events attract visitors year-round. Although the valley floor is largely privately owned, most of the surrounding highlands are within the White River National Forest and are another major source of recreation and tourism. Agriculture, principally livestock raising, plays a very moderate and declining role in the valley's economy. Potato cultivation has historically been important in the lower valley, but is virtually nonexistent at present.
Read more about this topic: Roaring Fork Valley
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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)