This week, I have been mostly reading:

• Well-Prepared in Their Own Eyes - Scott Jaschik at Inside Higher Ed: "It turns out that college students are being well-prepared for their future careers -- at least in their own minds. Ask employers, and it's a very different picture." Is that the sound of a bubble bursting?
• Don't believe the Corbyn bashers - the economic case against public ownership is mostly fantasy - Joe Guinan and Thomas M. Hanna, openDemocracy: "Corbyn is very much in line with recent trends around the world in which the fightback against neoliberal privatisation of public services has been accompanied by the adoption of innovative new approaches to collective ownership. In this view, worker ownership, consumer cooperatives, municipal enterprise and a host of kindred institutional forms all represent ways in which capital can be held in common by small and large publics, including through hybrid models that draw upon two or more institutional forms."
• How Europe Crushed Greece - Yanis Varoufakis in the NYT: "Across the Continent, people are fed up with a monetary union that is inefficient because it is so profoundly undemocratic. This is why the battle for rescuing Greece has now turned into a battle for Europe’s integrity, soul, rationality and democracy. I plan to concentrate on helping set up a Pan-European political movement, inspired by the Athens Spring, that will work toward Europe’s democratization."
• Dynamic Voodoo - Paul Krugman, NYT: Your graph porn for the week.
  
• Real crisis in psychology isn’t that studies don’t replicate, but that we usually don’t even try - Huw Green of CUNY Graduate Center at the Conversation: And that nobody is willing to fund replication.
• Doing the housing supply maths - Cameron K Murray: "If we want cheaper housing we need to reform legal structures to shift bargaining power to tenants from landlords, curb speculation through financial controls (and keep stamp duties!), and stop rewarding political parties who promise housing supply as any sort of solution to current prices. Unfortunately, very few people actually want housing to become more cheaper. Around 70% of households are homeowners, around 30% are property investors who come from the wealthier part of society, while most politicians also have a huge share of their wealth tied up in residential property. It suits all of these interests to point the finger at supply because they know it sounds attractive in a naive economy way, but won’t actually reduce the value of their housing portfolios."
• Is it really Corbyn offering a "one party state"? - Oliver Huitson at openDemocracy: "The case for renationalisation is overwhelming. And it matters. It matters because it shows clearly what sort of country you are - one where the public can be routinely screwed for the profits of the few, or one where the public own key elements of infrastructure and operate it for their own benefit. Britain is the former. New Labour are champions of the former. The public want the latter. In simple terms, that is why Corbyn is winning."
• Economists vs. Economics - Dani Rodrik, Project Syndicate: "Let us cherish economics in all its diversity – rational and behavioral, Keynesian and Classical, first-best and second-best, orthodox and heterodox – and devote our energy to becoming wiser at picking which framework to apply when." More generally, beware of theories of everything. There is no sensible explanation of the work of George Formby in the terms of thermodynamics, though the reverse is possibly valid, providing it had indeed "turned out nice again".
• Japan’s Economy, Crippled by Caution - Paul Krugman, NYT: "After all, printing money to pay for stuff sounds irresponsible, because in normal times it is. And no matter how many times some of us try to explain that these are not normal times, that in a depressed, deflationary economy conventional fiscal prudence is dangerous folly, very few policy makers are willing to stick their necks out and break with convention."
• FBI Director Claims Tor and the “Dark Web” Won’t Let Criminals Hide From His Agents - Dan Froomkin at the Intercept: "Cryptography expert Bruce Schneier said Comey’s statement should not be taken at face value. Given previous false public statements by intelligence officials, “the truth value is irrelevant,” he said. “We certainly know that Tor has been broken in the past” using specific exploits, he said. “Do they have a blanket attack? Or is it posturing? Who knows?” He added, “It’s certainly good posturing.”"
• Tony Abbott, Peter Dutton Joke About Flooding Of Small Island Nations - Chris Graham, New Matilda: "DUTTON: Time doesn’t mean anything when you’re about to be, you know, have water lapping at your door. ABBOTT: (laughs) Ha ha ha ha ha ha ha ha. MORRISON: There’s a boom (microphone) up there."
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• Congratulations to Jeremy Corbyn - Craig Murray: "The first few weeks are key. Most Blairites are above all careerists. If they think Corbyn can carry through his personal dominance into control of policy and party mechanisms, then many of the Blairites will look at their constituency members and suddenly discover they had left-wing principles after all." Plus Billy Bragg can finally stop looking so shamefaced for the first time in twenty years.
• An “Enormous Opportunity”: A Short, Awful 9/11 Quiz - Jon Schwarz at the Intercept: "For normal people, terrorism and wars are purely and only tragedies. [… And yet] before the bodies are cold, before the mothers and fathers have stopped shrieking, our leaders are thinking: This is really a fantastic opportunity."
• What Candidates Talk About When They Talk About Inequality - Eric Alterman at the Nation: "The New York Times Magazine published an interview with the candidate in which Ana Marie Cox asked, “Do you think it’s fair that Hillary’s hair gets a lot more scrutiny than yours does?” Sanders had to repeat the question to make sure he wasn’t hearing things, then felt it necessary to explain: “Ana, I don’t mean to be rude here. I am running for president of the United States on serious issues, OK? Do you have serious questions?” "
• On German Moral Leadership - Yanis Varoufakis: "In [Kant's] mindset, the rational and the moral merge when we develop a capacity to act on the so-called categorical imperative: of acting in a universalisable manner independently of the consequences. For the hell of it, in plainer language. Taking refugees in is such a universalisable act. You do not take them in because of what you expect to gain. The fact that you may end up with great gains is irrelevant. The warm inner glow of having done the ‘right’ thing, the boost to aggregate demand, the effect on productivity – all these are great repercussions of one’s Kantian rationality. They are not, however, the motivation."
• It's The Ideology, Stupid. And The Economy. - Ian McAuley at New Matilda: "Successive governments, particularly the Howard Government, have not dealt with emerging structural weaknesses – our trade dependence on too few commodities in too few markets, our unstable exchange rate, our growing regional disparities, our widening inequalities in wealth and income, our accumulating levels of foreign debt, our ramshackle transport and communication infrastructure, our distorted tax incentives favouring short-term speculation and rent-seeking over productive investment, our declining education standards, and, of course, our failure to deal with climate change."
• 17 Biblical Rules for Marriage Kim Davis Should Really Take a Look At - Valerie Tarico, Alternet: Has the clickbait cycle come full circle again already? Yes, it's time to to dust off and repost that Biblical literalist listicle. Not that it will change anybody's mind; a true believer knows the Bible through faith and divine revelation, not careful study. A Bible's fer wavin', or fer swearin' awn, nawt fer readin'. "Leviticus is clear. Two men having sex is an abomination, just like eating shellfish, getting tattoos, shaving your beard, or wearing blend fabrics. (Leviticus 18:22, 20:13, 11:9-12, 19:28, 19:27)" Mind you, there's …
• The Same Hymn Sheet - George Monbiot: "Evangelical groups unite around a set of core convictions, overt, codified and non-negotiable. It would surely not be difficult to create a similar set, common to all progressive movements, built around empathy, kindness, forgiveness and self-worth. A set of immutable convictions might make our movements less capricious, while reinforcing the commonality between the left’s many causes."
• Journalism in the age of Corbyn - Joe Sandler Clarke, openDemocracy: Good news, everyone. The people who said Corbyn couldn't win leadership are now saying he can't win a general election. "We should change what we see as the political beat. Journalists should be encouraged to escape Westminster. New ways must be found for funding local journalism, so reporters can cover the council meetings, small-scale protests and community events that shape the world most people live in."
• The "Sharing Economy" Is Dead, And We Killed It - Sarah Kessler, Fast Company via Tom Slee: ""There are 80 million power drills in America that are used an average of 13 minutes," Airbnb CEO Brian Chesky told the New York Times in a 2013 column about the sharing economy. "Does everyone really need their own drill?" There was just one problem. As Adam Berk, the founder of Neighborrow, puts it: "Everything made sense except that nobody gives a shit. They go buy [a drill]. Or they just bang a screwdriver through the wall.""
• Corbyn can afford to sidestep the media but not their power - Des Freedman, openDemocracy: "Of course, Corbyn has actually been far from silent. He has taken his anti-austerity message up and down the country, hoping that his presence in front of tens of thousands of people at public meetings will generate the kind of buzz – online and offline – that is worth more than an interview with John Humphreys or Andrew Marr in which he is painted as the ‘extremist’ while they ask ‘probing’ questions about the ‘divisiveness’ of his ‘radical’ programme."
• How Jeremy Corbyn Can Win - Richard Seymour at Jacobin: "Corbyn has said that his campaign is about turning the Labour Party into a social movement. That’s the only chance he and his supporters have."
• Bernie Sanders Wants to Spend $18 Trillion: So What? - James Kwak: "At the end of the day, what matters isn’t the amount of money that the federal government spends for health care. What matters is the amount of money that the American people spend for health care. The government is just a device that we use to provide certain services that are better handled collectively than individually. If the government can provide equivalent service at lower prices, then the gross dollar amount involved doesn’t matter." And Joshua Holland at the Nation: "In other words, Sanders’s Medicare expansion would cost $15 trillion, but without it American businesses and taxpayers would spend $20 trillion over the same period, while still leaving millions uninsured."
• Basic Income A No-Brainer For Remote Indigenous Australia - Jon Altman in New Matilda: "The time has come, as employment gaps for Indigenous Australians grow, to trial basic income as an alternative and objectively evaluate the outcomes – if such evidence-based policy making remains possible in today’s hyper-politicised policy environment where ideology seems to be the key factor in any assessment."
• The Facebook of the Future Has Privacy Implications Today - Farai Chideya at the Intercept: A well-written summary of the state of play.
• TSA Doesn’t Care That Its Luggage Locks Have Been Hacked - Jenna McLaughlin, the Intercept: "Although the actual impact remains unclear, the hacking of the master keys is a powerful example of the problem with creating government backdoors to bypass security, physically or digitally. Most security experts and computer scientists believe backdoors for law enforcement inevitably make systems less secure, and easier for bad actors to break into."