Economics
The Chindwin is served by regular river-going vessels up to the town of Homalin. Teak forests within its drainage area have been a valuable resource since ancient times. The Hukawng Valley is known for its abundance of Burmese amber. Along the river, there are deposits of jade, but Hpakant in the headwaters of the Uyu river is the only place in the world where the finest jade known as jadeite or Imperial Jade is found.
Read more about this topic: Chindwin River
Famous quotes containing the word economics:
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)
“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”
—George Steiner (b. 1929)
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)