--- title: "Meaning & Key Takeaway of: As someone with a deep faith in…" description: "\"As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee compe..." image: "https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png" --- # As someone with a deep faith in competition and the… ![“As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee competition and fair play - and that the pressure to break those rules only gets stronger as the amount of money involved gets larger.” quote by Eliot Spitzer](https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png) [Download](https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png) [Open image](https://sms4smile.com/quotes/i/f55/eliot-spitzer-8630_amount_as-someone-with-a-deep-faith-in-competit_772720.png) > “As someone with a deep faith in competition and the market, I also know that markets only work with tough enforcement of the rules that guarantee competition and fair play - and that the pressure to break those rules only gets stronger as the amount of money involved gets larger.” [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Markets need strong rule enforcement to stay fair; larger money increases temptation to break rules. **In simple terms:** Strong rules keep markets fair. Key Takeaway Support robust regulation. Themes economics ethics competition Mood analytical serious Type policy economic When to use this quote - financial industry - policy making - investment decisions Key Concepts regulatory theory market dynamics Questions to Reflect On - How to balance enforcement and flexibility? - What incentives deter rule‑breaking? A Different Perspective Regulation can stifle innovation. ★ ★ ★ ★ ★ No ratings yet [Competition](https://sms4smile.com/quotes/about/competition/) [Fair play](https://sms4smile.com/quotes/about/fair-play/) [Investing](https://sms4smile.com/quotes/about/investing/) [Money](https://sms4smile.com/quotes/about/money/) [Play](https://sms4smile.com/quotes/about/play/) [Pressure](https://sms4smile.com/quotes/about/pressure/) ## Related quotes > [If you could distill this down to a single principle its that the best marketers in the world know MARKETS first and foremost, and…](https://sms4smile.com/quotes/perry-marshall/if-you-could-distill-this-down-to-a-single-principle-its-that-the/) [Perry Marshall](https://sms4smile.com/quotes/author/perry-marshall/) > [You need to understand the market, know how you can differentiate yourself in it, and grasp the price and the functional differentiation competitive points…](https://sms4smile.com/quotes/audrey-maclean/you-need-to-understand-the-market-know-how-you-can-differentiate/) [Audrey MacLean](https://sms4smile.com/quotes/author/audrey-maclean/) > [Don't go and invest across the country somewhere that you don't know. 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Competition in your market provides an opportunity to ruffle some feathers and get noticed.”](https://sms4smile.com/quotes/stacey-kehoe/don-t-be-afraid-of-competitors-competition-in-your-market-provides-an/) [Stacey Kehoe](https://sms4smile.com/quotes/author/stacey-kehoe/) > [Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse…](https://sms4smile.com/quotes/james-surowiecki/markets-work-best-when-there-s-lots-of-information-available-and-a/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) ## More by Eliot Spitzer > [The pace of global warming is accelerating and the scale of the impact is devastating. The time for action is limited - we are…](https://sms4smile.com/quotes/eliot-spitzer/the-pace-of-global-warming-is-accelerating-and-the-scale-of-the/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) > [Some say that I should settle down, go slower and not push so hard, so quickly for such transformational change. To them, I say…](https://sms4smile.com/quotes/eliot-spitzer/some-say-that-i-should-settle-down-go-slower-and-not-push-so-hard-so/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) > [Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.](https://sms4smile.com/quotes/eliot-spitzer/shareholders-have-the-right-and-obligation-to-set-the-parameters-of/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) > [The world has conducted a massive macro-economic experiment since the cataclysm of 2008. 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I used to be governor of New York.](https://sms4smile.com/quotes/eliot-spitzer/it-sucks-i-used-to-be-governor-of-new-york/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) > [The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize…](https://sms4smile.com/quotes/eliot-spitzer/the-republican-argument-that-raising-the-debt-ceiling-encourages/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) > [I view Al Jazeera as a very serious journalistic outfit. 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