Economy
In the tradition of the Ritterakademie, the abbey established a secondary school ("Gymnasium") specialising in the humanities and modern languages, with a boarding house. The boarding school and its clergy were charged with sexual and physical child abuse and have been under investigation since 2 March 2010 by the German Federal Prosecutor. The abbot has since resigned.
The monastery runs a brewery, a distillery, a bookstore, an art publishing house, a hotel, a cheese factory joint venture, and several smaller companies. The distillery produces Ettaler Kloster Liqueur, a herbal liqueur which, like that of the Carthusian monks, comes in sweeter yellow and more herbal green varieties.
Read more about this topic: Ettal Abbey
Famous quotes containing the word economy:
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)