Afternoon Update: How Stanford helped capitalism take over the world (opinion)

Texas officials scramble and advocates fret as DEI defunding looms; preparing for AI in class; Texas A&M president admits botched hire; and more. ADVERTISEMENT [Afternoon Update Logo]( You can also [read this newsletter on the web](. Or, if you no longer want to receive this newsletter, [unsubscribe](. THE REVIEW | OPINION [How Stanford Helped Capitalism Take Over the World]( By Sammy Feldblum [STORY IMAGE]( The ruthless logic driving our economy can be traced back to 19th-century Palo Alto. ADVERTISEMENT A NEW LAW [Texas Officials Scramble, Advocates Fret Weeks Before DEI Funding Expires]( By Maggie Hicks [STORY IMAGE]( Texas’ new anti-DEI law will gut funding to diversity, equity, and inclusion programs. Advocates for students of color worry about an outsize impact on services, retention, and grant money. TEACHING [Preparing Yourself for AI in the Classroom]( By Beth McMurtrie [STORY IMAGE]( Share one university’s strategy for teaching instructors about ChatGPT and other tools. FACULTY HIRING [Texas A&M President Says She Didn’t Know About Job-Offer Changes for Professor]( At a meeting on Wednesday with the College Station campus’s Faculty Senate, M. Katherine Banks said that she had not approved the watering down of offers to Kathleen O. McElroy, who [walked away from negotiations]( amid a conservative backlash. Banks took responsibility for the [botched hiring]( but the Senate [voted to investigate]( what had happened. (The Texas Tribune, The Chronicle, The Eagle) STUDENT SUCCESS [The Latino College-Completion Gap Widens, Compared With White Students]( A [new analysis]( released on Wednesday by [Excelencia in Education]( a research organization, found that graduation rates for Latino students had remained relatively unchanged for nearly five years, while rates for white students had risen. (NBC News) ATHLETICS [U. of Vermont Fires Coach After Investigation of Text Messages With Student]( The university dismissed Todd Woodcroft, coach of the men’s hockey team, over “inappropriate text messages” it said he had repeatedly sent to a student, and his failure “to maintain professional boundaries.” Woodcroft’s lawyer criticized the decision, saying it “lacked fundamental fairness and due process.” The coach had compiled a 20-55-9 record over three seasons. (CNN) CAMPUS ACCOUNTABILITY [University Departures Put Student Journalists in Spotlight]( The president of [Stanford]( Marc Tessier-Lavigne, and the head football coach at [Northwestern]( Pat Fitzgerald, stepped down in recent days after being scrutinized by, respectively, The Stanford Daily and The Daily Northwestern. (The New York Times, The Chronicle) EVENTS [Browse Upcoming and On-Demand Virtual Events]( [STORY IMAGE]( Join a discussion with national experts and leading practitioners on how to navigate an uncertain future and what new ideas your institution can pursue. NEWSLETTER [Sign Up for the Teaching Newsletter]( Find insights to improve teaching and learning across your campus. Delivered on Thursdays. To read this newsletter as soon as it sends, [sign up]( to receive it in your email inbox. UPCOMING PROGRAM [The Chronicle's Bootcamp for Future Faculty Leaders] [Join us in September]( for a professional development program tailored to the needs of midcareer faculty. Experienced academic leaders and faculty members will provide insights on the diverse professional paths that might be taken by faculty members in this one-day virtual program. [Register today!]( SPONSOR CONTENT | The University of Adelaide [Machine Learning in Medicine: Using AI to diagnose endometriosis without surgery]( ADVERTISEMENT FROM THE CHRONICLE STORE [The Future of Advising - Buy Now]( [The Future of Advising]( Good advising is widely seen as central to student success, but it is one of the most misunderstood and under-supported divisions on campus. [Order your copy]( to learn how university leaders can improve advising systems to help close equity gaps, and ensure students effectively navigate their path to a degree. NEWSLETTER FEEDBACK [Please let us know what you thought of today's newsletter in this three-question survey](. This newsletter was sent to {EMAIL}. [Read this newsletter on the web](. [Manage]( your newsletter preferences, [stop receiving]( this email, or [view]( our privacy policy. © 2023 [The Chronicle of Higher Education]( 1255 23rd Street, N.W. Washington, D.C. 20037