--- title: "Meaning & Key Takeaway of: Under stable and incremental conditions…" description: "\"Under stable and incremental conditions, a free-market economy spurs entrepreneurship, ensures efficiency, and generates wealth. Those conditions no lo..." image: "https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg" --- # Under stable and incremental conditions, a free-market… ![“Under stable and incremental conditions, a free-market economy spurs entrepreneurship, ensures efficiency, and generates wealth. Those conditions no longer apply.” quote by Johan Rockstrom](https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg) [Download](https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg) [Open image](https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg) > “Under stable and incremental conditions, a free-market economy spurs entrepreneurship, ensures efficiency, and generates wealth. Those conditions no longer apply.” [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Free markets thrive under stable, incremental conditions, which currently are lacking, reducing entrepreneurship and wealth creation. **In simple terms:** Markets need stable conditions. Key Takeaway Adapt to changing conditions. Themes economics entrepreneurship stability Mood analytical concerned Type economic political When to use this quote - business strategy - government policy - investment decisions Key Concepts market dynamics policy innovation Questions to Reflect On - What can be done to foster entrepreneurship now? - How can efficiency be maintained amid instability? A Different Perspective Stability may be artificially maintained. ★ ★ ★ ★ ★ No ratings yet [Apply](https://sms4smile.com/quotes/about/apply/) [Business](https://sms4smile.com/quotes/about/business/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Efficiency](https://sms4smile.com/quotes/about/efficiency/) [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Entrepreneurship Ensures](https://sms4smile.com/quotes/about/entrepreneurship-ensures-6129594/) [Free market](https://sms4smile.com/quotes/about/free-market/) [Generates Wealth](https://sms4smile.com/quotes/about/generates-wealth-1456265/) [Market economy](https://sms4smile.com/quotes/about/market-economy/) [Money](https://sms4smile.com/quotes/about/money/) [Productivity](https://sms4smile.com/quotes/about/productivity/) [Wealth](https://sms4smile.com/quotes/about/wealth/) [Wealth Conditions](https://sms4smile.com/quotes/about/wealth-conditions-6129595/) ## Related quotes > [Globalization in the aggregate generates wealth, no question. But it gets concentrated.](https://sms4smile.com/quotes/tim-ryan/globalization-in-the-aggregate-generates-wealth-no-question-but-it/) [Tim Ryan](https://sms4smile.com/quotes/author/tim-ryan/) > [I support freedom and I support a free market economy, but it should be a socially oriented market economy. I support globalization, but it…](https://sms4smile.com/quotes/mikhail-gorbachev/i-support-freedom-and-i-support-a-free-market-economy-but-it-should/) [Mikhail Gorbachev](https://sms4smile.com/quotes/author/mikhail-gorbachev/) > [Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation…](https://sms4smile.com/quotes/ludwig-von-mises/free-markets-what-does-this-system-mean-the-answer-is-simple-it-is/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [“With the invention of the city and its powerful combination of economies of scale coupled to innovation and wealth creation came the great divisions…](https://sms4smile.com/quotes/geoffrey-west/with-the-invention-of-the-city-and-its-powerful-combination-of/) [Geoffrey West](https://sms4smile.com/quotes/author/geoffrey-west/) > [Since achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human…](https://sms4smile.com/quotes/elton-gallegly/since-achieving-their-independence-in-1992-the-people-of-croatia-have/) [Elton Gallegly](https://sms4smile.com/quotes/author/elton-gallegly/) > [The trouble with a free market economy is that it requires so many policemen to make it work.](https://sms4smile.com/quotes/dean-acheson/the-trouble-with-a-free-market-economy-is-that-it-requires-so-many/) [Dean Acheson](https://sms4smile.com/quotes/author/dean-acheson/) > [In the past six months, our federal government has devised a dozen strategies to save America's financial markets. Each plan has been more costly,…](https://sms4smile.com/quotes/michael-enzi/in-the-past-six-months-our-federal-government-has-devised-a-dozen/) [Michael Enzi](https://sms4smile.com/quotes/author/michael-enzi/) > [A depression is a large-scale decline in production and trade...there is nothing in the nature of a free-market economy to cause such an event.](https://sms4smile.com/quotes/nathaniel-branden/a-depression-is-a-large-scale-decline-in-production-and-trade-there/) [Nathaniel Branden](https://sms4smile.com/quotes/author/nathaniel-branden/) > [In the 19th century, a lot of people were against outlawing child labour, because to do so would be against the very foundations of…](https://sms4smile.com/quotes/brian-eno/in-the-19th-century-a-lot-of-people-were-against-outlawing-child/) [Brian Eno](https://sms4smile.com/quotes/author/brian-eno/) > [I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of…](https://sms4smile.com/quotes/charlie-munger/i-find-it-quite-useful-to-think-of-a-free-market-economy-or-partly/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Everyone should be investing in our free market economy.](https://sms4smile.com/quotes/baiju-bhatt/everyone-should-be-investing-in-our-free-market-economy/) [Baiju Bhatt](https://sms4smile.com/quotes/author/baiju-bhatt/) > [American ingenuity and innovation have given the average citizen access to online trading platforms allowing interested parties access to a free-market economy with hopes…](https://sms4smile.com/quotes/byron-donalds/american-ingenuity-and-innovation-have-given-the-average-citizen/) [Byron Donalds](https://sms4smile.com/quotes/author/byron-donalds/) > [What most people really object to when they object to a free market is that it is so hard for them to shape it…](https://sms4smile.com/quotes/milton-friedman/what-most-people-really-object-to-when-they-object-to-a-free-market/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [“Liberal” in the nineteenth-century United States and Europe designated people who in many, but not all, respects would be called conservatives in the twenty-first…](https://sms4smile.com/quotes/richard-white/liberal-in-the-nineteenth-century-united-states-and-europe-designated/) [Richard White](https://sms4smile.com/quotes/author/richard-white/) > [No one spends someone elses money as carefully as he spends his own.](https://sms4smile.com/quotes/mark-skousen/no-one-spends-someone-elses-money-as-carefully-as-he-spends-his-own/) [Mark Skousen](https://sms4smile.com/quotes/author/mark-skousen/) ## More by Johan Rockstrom > [Protecting our planet is a moral imperative.](https://sms4smile.com/quotes/johan-rockstrom/protecting-our-planet-is-a-moral-imperative/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [By decarbonizing the global economy and limiting climate change, world leaders can unleash a wave of innovation, support the emergence of new industries and…](https://sms4smile.com/quotes/johan-rockstrom/by-decarbonizing-the-global-economy-and-limiting-climate-change-world/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Just as we demand that our governments address risks associated with terrorism or epidemics, we should put concerted pressure on them to act now…](https://sms4smile.com/quotes/johan-rockstrom/just-as-we-demand-that-our-governments-address-risks-associated-with/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Fundamentally, we need a mind-shift that reconnects our development to the biosphere to ensure good and safe lives for all in the future.](https://sms4smile.com/quotes/johan-rockstrom/fundamentally-we-need-a-mind-shift-that-reconnects-our-development-to/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Either we leave our descendants an endowment of zero poverty, zero fossil-fuel use, and zero biodiversity loss, or we leave them facing a tax…](https://sms4smile.com/quotes/johan-rockstrom/either-we-leave-our-descendants-an-endowment-of-zero-poverty-zero/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Decarbonization has already begun, and the appeal of a fossil-fuel-free world is growing - not only because it would limit climate change, but also…](https://sms4smile.com/quotes/johan-rockstrom/decarbonization-has-already-begun-and-the-appeal-of-a-fossil-fuel/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Managing forests, rivers, grasslands, and coral reefs in sustainable ways makes them more resilient and increases their ability to absorb greenhouse gases, which is…](https://sms4smile.com/quotes/johan-rockstrom/managing-forests-rivers-grasslands-and-coral-reefs-in-sustainable/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [The number of children in the world is not growing, and so we eventually have a chance to stabilize the population at around 10…](https://sms4smile.com/quotes/johan-rockstrom/the-number-of-children-in-the-world-is-not-growing-and-so-we/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [There is an old belief that solving environmental problems can only be achieved by first building enough economic wealth so we can 'afford to…](https://sms4smile.com/quotes/johan-rockstrom/there-is-an-old-belief-that-solving-environmental-problems-can-only/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [We see evidence that lakes and forests and wetlands can have different equilibria - so you have a savanna system that may be stable…](https://sms4smile.com/quotes/johan-rockstrom/we-see-evidence-that-lakes-and-forests-and-wetlands-can-have/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Global sustainability is now the only avenue to future inclusive progress that can deliver the Sustainable Development Goals and the Paris climate agreement.](https://sms4smile.com/quotes/johan-rockstrom/global-sustainability-is-now-the-only-avenue-to-future-inclusive/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [We've moved from a small world on a big planet to a big world on a small planet.](https://sms4smile.com/quotes/johan-rockstrom/we-ve-moved-from-a-small-world-on-a-big-planet-to-a-big-world-on-a/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [If we don't succeed on the climate change agenda, we risk getting feedbacks that undermine everything else.](https://sms4smile.com/quotes/johan-rockstrom/if-we-don-t-succeed-on-the-climate-change-agenda-we-risk-getting/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [World leaders need to realize that the cost of transforming the global energy system is far less than coping with the consequences of burning…](https://sms4smile.com/quotes/johan-rockstrom/world-leaders-need-to-realize-that-the-cost-of-transforming-the/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) > [Climate change poses tremendous threat to water resources, as there is inconsistency in the rains.](https://sms4smile.com/quotes/johan-rockstrom/climate-change-poses-tremendous-threat-to-water-resources-as-there-is/) [Johan Rockstrom](https://sms4smile.com/quotes/author/johan-rockstrom/) [Explore all 27 Johan Rockstrom quotes ](https://sms4smile.com/quotes/author/johan-rockstrom/) ## More Apply quotes > [Defeat furnishes good material to the poets and the artists, but none of us care to have the glory of the conquered apply to…](https://sms4smile.com/quotes/susan-glaspell/defeat-furnishes-good-material-to-the-poets-and-the-artists-but-none/) [Susan Glaspell](https://sms4smile.com/quotes/author/susan-glaspell/) > [“Apply yourself. Get all the education you can, but then...do something. Don't just stand there, make it happen.”](https://sms4smile.com/quotes/lee-iacocca/apply-yourself-get-all-the-education-you-can-but-then-do-something/) [Lee Iacocca](https://sms4smile.com/quotes/author/lee-iacocca/) > [When you get older, you learn certain life lessons. You apply that wisdom, and suddenly you say, 'Hey, I've got a new lease on…](https://sms4smile.com/quotes/robert-redford/when-you-get-older-you-learn-certain-life-lessons-you-apply-that/) [Robert Redford](https://sms4smile.com/quotes/author/robert-redford/) > [“they (rules) will always apply, even if you don't agree with them”](https://sms4smile.com/quotes/paolo-coelho/they-rules-will-always-apply-even-if-you-don-t-agree-with-them/) [Paolo Coelho](https://sms4smile.com/quotes/author/paolo-coelho/) > [Spend time reflecting on your emotional and physical existence and how that applies to the voice. You have to apply that wisdom and experience…](https://sms4smile.com/quotes/k-d-lang/spend-time-reflecting-on-your-emotional-and-physical-existence-and/) [K. D. Lang](https://sms4smile.com/quotes/author/k-d-lang/) > [Many jobs at Google require math, computing, and coding skills, so if your good grades truly reflect skills in those areas that you can…](https://sms4smile.com/quotes/thomas-friedman/many-jobs-at-google-require-math-computing-and-coding-skills-so-if/) [Thomas Friedman](https://sms4smile.com/quotes/author/thomas-friedman/) > [There is a natural link between the effective running of my businesses and the effective direction of philanthropic funds. I apply business principles to…](https://sms4smile.com/quotes/mohammed-hussein-al-amoudi/there-is-a-natural-link-between-the-effective-running-of-my/) [Mohammed Hussein Al Amoudi](https://sms4smile.com/quotes/author/mohammed-hussein-al-amoudi/) > ['Boardwalk' has kind of exposed me to a different demographic. And it upped my skills in terms of the speed with which I can…](https://sms4smile.com/quotes/michael-pitt/boardwalk-has-kind-of-exposed-me-to-a-different-demographic-and-it/) [Michael Pitt](https://sms4smile.com/quotes/author/michael-pitt/) > [I have a good advice to other but I can't apply it to me.](https://sms4smile.com/quotes/innah-delos-angeles/i-have-a-good-advice-to-other-but-i-can-t-apply-it-to-me/) [Innah Delos Angeles](https://sms4smile.com/quotes/author/innah-delos-angeles/) > [There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point, complexity is…](https://sms4smile.com/quotes/p-j-o-rourke/there-is-a-simple-rule-here-a-rule-of-legislation-a-rule-of-business/) [P. J. O'Rourke](https://sms4smile.com/quotes/author/p-j-o-rourke/) > [Before Dream Theater took off I used to teach a lot, and one of the things my students often asked me was how to…](https://sms4smile.com/quotes/john-petrucci/before-dream-theater-took-off-i-used-to-teach-a-lot-and-one-of-the/) [John Petrucci](https://sms4smile.com/quotes/author/john-petrucci/) > [The idea that laws don't apply to the law-makers is for despotic regimes.](https://sms4smile.com/quotes/julia-hartley-brewer/the-idea-that-laws-don-t-apply-to-the-law-makers-is-for-despotic/) [Julia Hartley-Brewer](https://sms4smile.com/quotes/author/julia-hartley-brewer/) > [We can't keep thinking in a limited way about what cinema is. We still don't know what cinema is. Maybe cinema could only really…](https://sms4smile.com/quotes/martin-scorsese/we-can-t-keep-thinking-in-a-limited-way-about-what-cinema-is-we-still/) [Martin Scorsese](https://sms4smile.com/quotes/author/martin-scorsese/) > [The task of a judge is not to make the law - it is to apply the law.](https://sms4smile.com/quotes/sonia-sotomayor/the-task-of-a-judge-is-not-to-make-the-law-it-is-to-apply-the-law/) [Sonia Sotomayor](https://sms4smile.com/quotes/author/sonia-sotomayor/) > [Being in a relationship is a full-time job. So don't apply if you're not ready.](https://sms4smile.com/quotes/anonymous/being-in-a-relationship-is-a-full-time-job-so-don-t-apply-if-you-re/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) [Browse all 387 Apply quotes ](https://sms4smile.com/quotes/about/apply/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Under stable and incremental conditions, a free-market economy spurs entrepreneurship, ensures efficiency, and generates wealth. Those conditions no longer apply.", "creator": { "@type": "Person", "name": "Johan Rockstrom" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/johan-rockstrom/under-stable-and-incremental-conditions-a-free-market-economy-spurs/", "about": { "@type": "Thing", "name": "Apply" }, "@id": "https://sms4smile.com/quotes/johan-rockstrom/under-stable-and-incremental-conditions-a-free-market-economy-spurs/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg", "contentUrl": "https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg", "url": "https://sms4smile.com/quotes/i/fe9/johan-rockstrom-22603_apply_under-stable-and-incremental-conditions_800330.jpg", "width": 1080, "height": 1080, "caption": "“Under stable and incremental conditions, a free-market economy spurs entrepreneurship, ensures efficiency…” — Johan Rockstrom", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Johan Rockstrom", "item": "https://sms4smile.com/quotes/author/johan-rockstrom/" }, { "@type": "ListItem", "position": 4, "name": "Under stable and incremental conditions, a...", "item": "https://sms4smile.com/quotes/johan-rockstrom/under-stable-and-incremental-conditions-a-free-market-economy-spurs/" } ], "@id": "https://sms4smile.com/quotes/johan-rockstrom/under-stable-and-incremental-conditions-a-free-market-economy-spurs/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```