Economy
Following construction of the A39/A371 bypass, the centre of town has returned to being a quiet market city. It has all the modern conveniences plus shops, hotels and restaurants. Wells is a popular tourist destination, due to its historical sites, its proximity to Bath, Stonehenge and Glastonbury and its closeness to the Somerset coast. Also nearby are Wookey Hole Caves, the Mendip Hills and the Somerset Levels. Somerset cheese, including Cheddar, is made locally. Wells is part of the Wells & Shepton Mallet Travel to Work Area which also includes Glastonbury, Cheddar and surrounding areas. Wells, along with Castle Cary, are the first towns in the UK to be part of the MyHigh.St website for local independent retailers, with more than half of retailers in Wells joining as MyHigh.St launched.
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Famous quotes containing the word economy:
“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)
“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)