Economy
Cremisan Cellars, located in the Cremisan monastery, is an important local winemaker. The winery has operated since the establishment of the monastery in the 19th century. Modern equipment was introduced in 1997. Beit Jala was once famous for its pork, olive oil, apricots and stone masonry. Other economic branches are tobacco, textiles, agriculture and pharmaceuticals. The Beit Jala Pharmaceutical Manufacturing Company (formerly Jordan Chemical Laboratory) was established in 1958 to manufacture generic drug pharmaceutical products for the local market.
The West Bank Barrier is being extended to encircle the area, splitting the monastery, whiuch would end up on the Israeli side, from the sister Salesian convent, and making access to this recreational area for Beit Jala residents very difficult. 57 Christian families are slated to lose their agricultural property.
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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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)