It pains me to say the following, but it needs to be said.
Increasing the minimum wage will have very little effect on anything. But it will make a bunch of do-gooders feel better about their "good intentions."
Privatizing education will cause a great public uproar. It would cause a whole lot of temporary pain. The medium and long run effects are uncertain. It would be a risk.
Profit and utility functions cannot be defined. Therefore economics predictive power is nil. (It did not pain me to say that at all. Any economist who wants to tell you about a better marginal decision rule is an idiot. I really wanted to say a fucking idiot but that would be inappropriate.)
But here is the thing about the first two. For a society to be free, for a society to righteous and just, a minimum wage law and public education cannot exist.
But maybe they are not worth fighting over.
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