Economy
Kut Chum is well known for its organic movement and organic foods, chiefly the organic farming of rice. Kut Chum also achieved fame for issuing its own local scrip called Bia Kut Chum. Bia, Thai for cowry shell, was once a unit of currency equal to 1⁄6400 of a Thai baht, and Bia is still current in metaphorical expressions, so the usage ran afoul of currency laws. To side-step implications that they intended a substitute local currency, they changed to Boon Kut Chum, which are barter coupons with a fixed value in baht, that may be exchanged for goods and services within the community.)
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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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)