Economy
The economy of the city of San Marino has always been closely bound to that of the country. Until recently, the main economic activities of the locality were stone extraction and carving. Today, there is a more varied economy, including tourism, commerce, sale of postage stamps, and a small agricultural industry, although the last is in decay.
Read more about this topic: City Of San Marino
Famous quotes containing the word economy:
“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 aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)