--- title: "Meaning & Key Takeaway of: More generally, confidence that an…" description: "\"“More generally, confidence that an investment of labor and resources could claim its reward-whether at harvest time or when dividends were issued year..." image: "https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg" --- # More generally, confidence that an investment of labor and… ![“More generally, confidence that an investment of labor and resources could claim its reward-whether at harvest time or when dividends were issued years later-has been crucial to the economic efforts which create national prosperity.” quote by Thomas Sowell](https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg) [Download](https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg) [Open image](https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg) > ““More generally, confidence that an investment of labor and resources could claim its reward-whether at harvest time or when dividends were issued years later-has been crucial to the economic efforts which create national prosperity.”” [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Confidence that effort will eventually be rewarded is essential for building wealth and national prosperity. **In simple terms:** Belief in future rewards drives economic effort. Key Takeaway Invest with confidence in long‑term outcomes. Themes economics confidence investment Mood analytical optimistic Type economic philosophical When to use this quote - business planning - personal finance - public policy - entrepreneurship Key Concepts future reward expectation national prosperity Questions to Reflect On - How do you balance confidence with realistic risk assessment? - What mechanisms ensure rewards are fairly distributed? A Different Perspective Overconfidence can lead to misallocation of resources. ★ ★ ★ ★ ★ No ratings yet [Confidence](https://sms4smile.com/quotes/about/confidence/) [Harvest time](https://sms4smile.com/quotes/about/harvest-time/) [Investing](https://sms4smile.com/quotes/about/investing/) [Prosperity](https://sms4smile.com/quotes/about/prosperity/) [Time](https://sms4smile.com/quotes/about/time/) [Wealth](https://sms4smile.com/quotes/about/wealth/) ## Related quotes > [The thing that keeps you scrambling over the rocks, risking snakes, and swatting at the flies is the view. It is only your enjoyment…](https://sms4smile.com/quotes/robert-adams/the-thing-that-keeps-you-scrambling-over-the-rocks-risking-snakes-and/) [Robert Adams](https://sms4smile.com/quotes/author/robert-adams/) > [Government 'help' to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is…](https://sms4smile.com/quotes/ayn-rand/government-help-to-business-is-just-as-disastrous-as-government/) [Ayn Rand](https://sms4smile.com/quotes/author/ayn-rand/) > [Including everyone in the economic, wealth-creating life of the nation is today the best way for Labor (Australian Labor Party) to meet its twin…](https://sms4smile.com/quotes/julia-gillard/including-everyone-in-the-economic-wealth-creating-life-of-the-nation/) [Julia Gillard](https://sms4smile.com/quotes/author/julia-gillard/) > [To know a people's character, we must see it at its homes, and look chiefly to the humbler abodes where that portion of the…](https://sms4smile.com/quotes/lajos-kossuth/to-know-a-people-s-character-we-must-see-it-at-its-homes-and-look/) [Lajos Kossuth](https://sms4smile.com/quotes/author/lajos-kossuth/) > [National prosperity is another name for death and degradation to millions of other races.](https://sms4smile.com/quotes/swami-vivekananda/national-prosperity-is-another-name-for-death-and-degradation-to/) [Swami Vivekananda](https://sms4smile.com/quotes/author/swami-vivekananda/) > [But what must be the character of that policy, which aims at national prosperity through the impoverishment of a large proportion of the home…](https://sms4smile.com/quotes/jean-baptiste-say/but-what-must-be-the-character-of-that-policy-which-aims-at-national/) [Jean-Baptiste Say](https://sms4smile.com/quotes/author/jean-baptiste-say/) > [Allow a government to decline paying its debts and you overthrow all public morality-you unhinge all the principles that preserve the limits of free…](https://sms4smile.com/quotes/alexander-hamilton/allow-a-government-to-decline-paying-its-debts-and-you-overthrow-all/) [Alexander Hamilton](https://sms4smile.com/quotes/author/alexander-hamilton/) > [“The problem is not the unhappiness and disappointment you feel at harvest time; the problem is the seeds you planted last spring.”](https://sms4smile.com/quotes/darren-main/the-problem-is-not-the-unhappiness-and-disappointment-you-feel-at/) [Darren Main](https://sms4smile.com/quotes/author/darren-main/) > [He thinks with regret of the great days when he could at harvest time at least go down into Hungary and work on the…](https://sms4smile.com/quotes/douglas-reed/he-thinks-with-regret-of-the-great-days-when-he-could-at-harvest-time/) Douglas Reed > [old pear tree starlings announce harvest time](https://sms4smile.com/quotes/phil-noble/old-pear-tree-starlings-announce-harvest-time/) Phil Noble > [Its those lazy days And the hazy days And the days we get stoned for just days and days. Its amazing when we get…](https://sms4smile.com/quotes/kottonmouth-kings/its-those-lazy-days-and-the-hazy-days-and-the-days-we-get-stoned-for/) [Kottonmouth Kings](https://sms4smile.com/quotes/author/kottonmouth-kings/) > [“ample supply of water. In the Philippines, rice planting is a celebration. The soil is first prepared by the farmer and his carabao (KAH-RAH-BOW),…](https://sms4smile.com/quotes/n-t-alcuaz/ample-supply-of-water-in-the-philippines-rice-planting-is-a/) [N.T. Alcuaz](https://sms4smile.com/quotes/author/n-t-alcuaz/) > [“People who found something to live and die for always live in the hope of success. They never allow doubts to create distances between…](https://sms4smile.com/quotes/israelmore-ayivor/people-who-found-something-to-live-and-die-for-always-live-in-the/) [Israelmore Ayivor](https://sms4smile.com/quotes/author/israelmore-ayivor/) > [The greatest form of maturity is at harvest time. This is when we must learn how to reap without complaint if the amounts are…](https://sms4smile.com/quotes/jim-rohn/the-greatest-form-of-maturity-is-at-harvest-time-this-is-when-we-must/) [Jim Rohn](https://sms4smile.com/quotes/author/jim-rohn/) > [The whole of life is a journey toward youthful old age, toward self-contemplation, love, gaiety, and, in a fundamental sense, the most gratifying time…](https://sms4smile.com/quotes/ashley-montagu/the-whole-of-life-is-a-journey-toward-youthful-old-age-toward-self/) [Ashley Montagu](https://sms4smile.com/quotes/author/ashley-montagu/) ## More by Thomas Sowell > [The vision of the left, full of envy and resentment, takes its worst toll on those at the bottom - whether black or white…](https://sms4smile.com/quotes/thomas-sowell/the-vision-of-the-left-full-of-envy-and-resentment-takes-its-worst/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [There is no bigger waste of time than doing 90% of what is necessary.](https://sms4smile.com/quotes/thomas-sowell/there-is-no-bigger-waste-of-time-than-doing-90-of-what-is-necessary/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [If you have always believed that everyone should play by the same rules and be judged by the same standards, that would have gotten…](https://sms4smile.com/quotes/thomas-sowell/if-you-have-always-believed-that-everyone-should-play-by-the-same/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [“In 1962, Democratic President John F. Kennedy, like both Democratic and Republican Presidents and Secretaries of the Treasury in earlier years, pointed out that “it…](https://sms4smile.com/quotes/thomas-sowell/in-1962-democratic-president-john-f-kennedy-like-both-democratic-and/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [Ideological bigotry has become the norm on even our most prestigious campuses, where students can go for years without reading or hearing anything that…](https://sms4smile.com/quotes/thomas-sowell/ideological-bigotry-has-become-the-norm-on-even-our-most-prestigious/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.](https://sms4smile.com/quotes/thomas-sowell/bailing-out-people-who-made-ill-advised-mortgages-makes-no-more-sense/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [“One third of all Scots in the mid-nineteenth century moved from one county to another”](https://sms4smile.com/quotes/thomas-sowell/one-third-of-all-scots-in-the-mid-nineteenth-century-moved-from-one/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [The difference is that we have the hardest and most painful evidence that there was a Holocaust. But, for the global warming scenario that…](https://sms4smile.com/quotes/thomas-sowell/the-difference-is-that-we-have-the-hardest-and-most-painful-evidence/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [“Just as price fluctuations allocate scarce resources which have alternative uses, price controls which limit those fluctuations reduce the incentives for individuals to limit…](https://sms4smile.com/quotes/thomas-sowell/just-as-price-fluctuations-allocate-scarce-resources-which-have/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [The greatest danger to the liberal vision are facts about the consequences of liberalism itself and the laws, policies, and ways of life that…](https://sms4smile.com/quotes/thomas-sowell/the-greatest-danger-to-the-liberal-vision-are-facts-about-the/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [Having spent years ruining the housing markets with their interference, leading to a housing meltdown that has taken the whole economy down with it,…](https://sms4smile.com/quotes/thomas-sowell/having-spent-years-ruining-the-housing-markets-with-their/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [Do all children have some inherent right to live in America if they have done nothing wrong? If not, then why should the children…](https://sms4smile.com/quotes/thomas-sowell/do-all-children-have-some-inherent-right-to-live-in-america-if-they/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [What 'eminent domain' laws mean in practice is that politicians have a right to seize your property and turn it over to someone else,…](https://sms4smile.com/quotes/thomas-sowell/what-eminent-domain-laws-mean-in-practice-is-that-politicians-have-a/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [“those parts of the British Isles without the advantage of coal deposits or ports, industrialization was as handicapped as in other countries.”](https://sms4smile.com/quotes/thomas-sowell/those-parts-of-the-british-isles-without-the-advantage-of-coal/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [The whole idea of equal justice under law is completely incompatible with the idea of judges deciding cases according to "empathy".](https://sms4smile.com/quotes/thomas-sowell/the-whole-idea-of-equal-justice-under-law-is-completely-incompatible/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) [Explore all 823 Thomas Sowell quotes ](https://sms4smile.com/quotes/author/thomas-sowell/) ## More Confidence quotes > [The CIA has concluded in a secret assessment that Russia intervened in the 2016 election to help Donald Trump win the presidency rather than…](https://sms4smile.com/quotes/rachel-maddow/the-cia-has-concluded-in-a-secret-assessment-that-russia-intervened/) [Rachel Maddow](https://sms4smile.com/quotes/author/rachel-maddow/) > [I was just confident my work was good.](https://sms4smile.com/quotes/bunny-yeager/i-was-just-confident-my-work-was-good/) [Bunny Yeager](https://sms4smile.com/quotes/author/bunny-yeager/) > [I am confident when I take the penalty otherwise I would pass for somebody else.](https://sms4smile.com/quotes/bruno-fernandes/i-am-confident-when-i-take-the-penalty-otherwise-i-would-pass-for/) [Bruno Fernandes](https://sms4smile.com/quotes/author/bruno-fernandes/) > [I started out dancing on a reality TV show, but always with the intention of making my way over to film. I transitioned into…](https://sms4smile.com/quotes/julianne-hough/i-started-out-dancing-on-a-reality-tv-show-but-always-with-the/) [Julianne Hough](https://sms4smile.com/quotes/author/julianne-hough/) > [One of the ways that I discovered my confidence and my ability to overpower is becoming a mother. Suddenly, my world wasn't about myself…](https://sms4smile.com/quotes/lights/one-of-the-ways-that-i-discovered-my-confidence-and-my-ability-to/) [Lights](https://sms4smile.com/quotes/author/lights/) > [My friend made me a leather dress for the MTV awards. It gives you confidence, wearing something you love.](https://sms4smile.com/quotes/cat-deeley/my-friend-made-me-a-leather-dress-for-the-mtv-awards-it-gives-you/) [Cat Deeley](https://sms4smile.com/quotes/author/cat-deeley/) > [Confidence comes from cutting yourself some slack.](https://sms4smile.com/quotes/tess-daly/confidence-comes-from-cutting-yourself-some-slack/) [Tess Daly](https://sms4smile.com/quotes/author/tess-daly/) > [I would rather regret the things that I have done than the things that I have not.](https://sms4smile.com/quotes/lucille-ball/i-would-rather-regret-the-things-that-i-have-done-than-the-things/) [Lucille Ball](https://sms4smile.com/quotes/author/lucille-ball/) > [You want to remain hungry and stay in a good place as a competitor; at the same time, you want to be confident but…](https://sms4smile.com/quotes/lamar-odom/you-want-to-remain-hungry-and-stay-in-a-good-place-as-a-competitor-at/) [Lamar Odom](https://sms4smile.com/quotes/author/lamar-odom/) > [Get to know yourself well enough to not only expect, but also control, your response to the unexpected challenges in life.](https://sms4smile.com/quotes/senoraroy/get-to-know-yourself-well-enough-to-not-only-expect-but-also-control/) Senoraroy > [The four Cs of making dreams come true: Curiosity, Courage, Consistency, Confidence.](https://sms4smile.com/quotes/walt-disney/the-four-cs-of-making-dreams-come-true-curiosity-courage-consistency/) [Walt Disney](https://sms4smile.com/quotes/author/walt-disney/) > [I look for someone who has confidence. Also someone whose energetic, cause I'm NOT that energetic.](https://sms4smile.com/quotes/nick-jonas/i-look-for-someone-who-has-confidence-also-someone-whose-energetic/) [Nick Jonas](https://sms4smile.com/quotes/author/nick-jonas/) > [Why shouldn't I be confident? I'm well educated, I can deliver a line, and I have more than three expressions. That's good right?](https://sms4smile.com/quotes/sonakshi-sinha/why-shouldn-t-i-be-confident-i-m-well-educated-i-can-deliver-a-line/) [Sonakshi Sinha](https://sms4smile.com/quotes/author/sonakshi-sinha/) > [I was very confident on the stage, and I stood out in a red gown.](https://sms4smile.com/quotes/nicole-johnson/i-was-very-confident-on-the-stage-and-i-stood-out-in-a-red-gown/) [Nicole Johnson](https://sms4smile.com/quotes/author/nicole-johnson/) > [If you go to any nunnery and ask them what the main obstacle is, they'll always say low self-esteem and lack of confidence. It…](https://sms4smile.com/quotes/tenzin-palmo/if-you-go-to-any-nunnery-and-ask-them-what-the-main-obstacle-is-they/) [Tenzin Palmo](https://sms4smile.com/quotes/author/tenzin-palmo/) [Browse all 11,290 Confidence quotes ](https://sms4smile.com/quotes/about/confidence/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“More generally, confidence that an investment of labor and resources could claim its reward-whether at harvest time or when dividends were issued years later-has been crucial to the economic efforts which create national prosperity.”", "creator": { "@type": "Person", "name": "Thomas Sowell" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/thomas-sowell/more-generally-confidence-that-an-investment-of-labor-and-resources/", "about": { "@type": "Thing", "name": "Confidence" }, "@id": "https://sms4smile.com/quotes/thomas-sowell/more-generally-confidence-that-an-investment-of-labor-and-resources/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg", "contentUrl": "https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg", "url": "https://sms4smile.com/quotes/i/575/thomas-sowell-247_confidence_more-generally-confidence-that-an-invest_1753649.jpg", "width": 1080, "height": 1080, "caption": "“More generally, confidence that an investment of labor and resources could claim its reward-whether at…” — Thomas Sowell", "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": "Thomas Sowell", "item": "https://sms4smile.com/quotes/author/thomas-sowell/" }, { "@type": "ListItem", "position": 4, "name": "“More generally, confidence that an investment...", "item": "https://sms4smile.com/quotes/thomas-sowell/more-generally-confidence-that-an-investment-of-labor-and-resources/" } ], "@id": "https://sms4smile.com/quotes/thomas-sowell/more-generally-confidence-that-an-investment-of-labor-and-resources/#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 } } ] } ```