Economy
East Frisia is a rural area. However, there are some industrial sites like the largest industrial complex which is the Volkswagen car factory in Emden. Leer is, after Hamburg, the second most important location for shipping companies in Germany. Although just on the other side of the border to Emsland, the Meyer Werft is an important employer for East Frisians as well. Main industrial sites are the harbour towns of Emden and Leer, and Wilhelmshaven east of East Frisia.
Around 1900, many people left East Frisia due to lack of jobs and emigrated to the United States or elsewhere. Today the region is again suffering from the loss of young educated people, who go away to find better employment in, for example, southern Germany. Many communities face a rising number of aged people, creating structural problems in the future. There are few academic jobs in the area, and those are focused on engineering. The closest universities are in Oldenburg and Groningen.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)