William Neilson Hancock, On Irish absenteeism (1850)
“ If we want to trace the effect of any cause on national wealth, the simple way is to observe its effect on wages, on profits, and on rent. These are matters of every day observation, which those most interested can find out for themselves. If a man's wages are the same, it is a matter of no importance to him whether there are eight or ten millions of people earning the same wages. If the profits of his capital are the same, the capitalist need not care whether there is £10,000,000 or £50,000,000 of capital producing the same profit. ”
