Economy
Loughrea was traditionally a farming town that cut its industrial teeth with Tynagh Mines, 6 km (3.73 mi) to the east. Tynagh was for 15 years (1960–1975) the most important zinc and silver mine in Ireland. There is now a Gas Powered electricity power station on the site of Tynagh mines As well as being a dormer town for Galway, Loughrea now hosts a number of pharmaceutical and data-processing industries. Tourism and small cottage industries also play an important role in the community. Loughrea's tourist infrastructure is supported by several hotels, a country-resort, as well as many bed and breakfasts, restaurants, coffee-shops and pubs.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—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)
“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)