Entrepreneurs need their space

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.

Excerpt:

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.

Anyone 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.

Read the entire article here.