1. Depression Debt

Responding to Niall Ferguson, Paul Krugman looks back to the 1930s and finds that the deterioration in the US debt took place under the tight-fisted Hoover rather than the high-spending FDR.

2. The Alternative Vote in Australia - what does it produce?

At ConservativeHome, Tim Roll-Pickering looks at what outcomes the Alternative Vote has produced in Australia, including the impact on extremist parties and whether one party can win the most votes but not the most seats. (...)