Economics
The community operated a hotel and a horse riding centre. Other sources of revenue in the community included a lead factory with an on-site glass work shop. The kibbutz also featured an extensive, privately owned events venue that formerly served as its community dining hall. Beit Oren's large outdoor membership-based swimming pool also manages to attract large amounts of people from Haifa and surrounding communities. In addition, the kibbutz also features a locally owned pub with live bands and a professional mountain-bike store offering new bike models, bike repairs and modification as well as guided trips within the Carmel mountain range.
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Famous quotes containing the word economics:
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)
“Women’s battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)