An economist's take on "end demand" stragegies

[Empirical]

This is a rather long read, but well argued and without moralising overtones.

http://charleswlhill.blogspot.co.uk/...-demand_1.html

As with much of economics, it's rather theoretical and makes some assumptions—though these seem to be sensible. There's a complicated looking graph, but read what he says, and it becomes much clearer.

His conclusion: "end demand" strategies (the "Swedish Model") not only don't work but are likely to have unintended consequences.

But, would politicians in Ireland understand it and take it on board?