Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.

In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem.

The Fed's independence is critical.

In the past, Federal Reserve chairmen have not generally gone directly to the public.

State and local government, with financial support from the federal government, should offer a program to educate and train foster children for employment and provide them with financial assistance, as needed, until they reach age 21.

It is crucial that the House exercises its oversight functions to ensure constitutional accountability of government agencies, especially as the bureaucracies associated with ObamaCare and Dodd-Frank flex their muscles and seek to expand their authority.

I believe that businesses will do what is best for their business. I don't know that the government needs to be stepping in and telling them, 'This is what you will do.'

On my reservation, we had one of the most abundant fisheries in the world and hundreds of thousands of acres of wild rice beds. We've lost a lot of it, but there's still natural wealth that could support our communities.