Just like the buffalo that need an open prairie to roam, entrepreneurs need an open area to create. And if Michigan can't create that space here, our beloved entrepreneurs may roam to greener pastures.
Michigan must create an entrepreneur-friendly economy by lowering
the cost of doing business for all firms, not just the favored few
darlings of the moment. The state's policymakers have spent decades
trying to pick the winners (automation, biotech, green energy) that
would rescue the state from its dependency on automotive manufacturing.
But policy makers and elected officials do not "create jobs" or
industrial sectors -- businesses and entrepreneurs do.
serious about promoting wealth-creating entrepreneurship must at some
point direct attention toward how the moral, legal and political
environment aligns incentives. Entrepreneurship -- like everything else
-- doesn't exist in a vacuum. It's long past the time we stopped
pretending it does.
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