Economy
Troy, like many older industrial cities, has been battered by industrial decline and the migration of jobs to the suburbs. Nevertheless, the presence of Rensselaer Polytechnic Institute has helped Troy develop a small high-technology sector, particularly in video game development. The downtown core also has a smattering of advertising and architecture firms, and other creative businesses attracted by the area's distinctive architecture. Rensselaer Polytechnic Institute is the city's largest private employer.
Read more about this topic: Troy, New York
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)