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)
“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)