For most of the 20th century, Michigan was synonymous with American innovation. From the birth of the modern automobile to the rise of the middle class, the state powered a century of industrial strength. But in recent years, that dynamism has faded. Michigan's economic engine, once the envy of the world, now sputters — stalled by regulatory inertia, high taxation and a policymaking class increasingly disconnected from emerging global trends.

See Full Page