Thought for the day

"The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’ becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine," -- Paul Krugman

Looking back, it’s utterly bizarre how the world of science could have gone so silent even as the world locked down and lives were shattered by the billions by governments the world over. The silence was deafening. We went from a March 2, 2020, letter signed by 800 public health experts associated with Yale University—which warned against quarantines and closures—to a strange disappearance of nearly all clear voices a few weeks later.

The New Hampshire Democrat Party has filed a lawsuit to stop a recount for a statehouse seat, arguing that the election results should stand, even if they are wrong.

Today at 11am ET, the first FTX bankruptcy court hearing finally took place in Delaware bankruptcy court before Judge John Dorsey, the official start of what will be a long, complex and unprecedented chapter 11 case; this is what we have learned so far (courtesy of the WSJ and Bloomberg).