Economy
Inaccessible Island has been used by the islanders of Tristan da Cunha for several economic purposes. The island has guano deposits and eggs, but due to the difficulty of travelling about the island, the islanders have generally chosen to go to Nightingale Island instead. However, three company ships fish off the coast of Inaccessible. They are permitted by the Tristan da Cunha Annex Penumbra of 1945 to fish up to 3,000 metres from shore.
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Famous quotes containing the word economy:
“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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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)