Westland District - Economy

Economy

In the early years of settlement in Westland, gold was a major commodity, causing prospectors to flock into the area. After the gold ran out, those who remained turned to pastoral farming. (Unlike the more northern parts of the West Coast, Westland has not developed coal mining.) In recent years, tourism has become more important, with drawcards such as the glaciers, as well as events such as the Hokitika Wild Food Festival.

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Famous quotes containing the word economy:

    “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)

    “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)

    “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)