Economy
The southwestern part of the arrondissement is very dense in offices, mostly for services. Several big companies have their headquarters there. When it existed, Gaz de France had its head office in the 17th arrondissement.
Batignolles and Épinettes, two former industrial areas, are now mostly residential. The area around the avenue de Clichy, shared with the 8th, 9th and 18th arrondissement of Paris, is occupied by a lot of shops. This is the third biggest avenue of Paris in terms of sales.
Read more about this topic: 17th Arrondissement Of Paris
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)
“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)
“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)