In ‘Hegemony and Socialist Strategy’ (1985), Ernesto Laclau and Chantal Mouffe laid bare how the ongoing ‘crisis of Marxism’ is the product of essentialism and an unwarranted investment in established truths and taken-for-granted wisdoms. They called for a new form of left-wing thought...

This Chicago Fed Letter summarizes the presentations and discussions of regulators, academics, risk-management professionals, and business leaders at the conference. These presentations and discussions focused on the close relationship between the quality of a firm’s risk-management...