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He deserves some credit for having fessed up to being wrong.

On other topics, especially in economics, the punditry is full of people who have been hilariously wrong for years, having made predictions a long time ago that have been clearly incorrect, and who still have never once even hinted that their models were wrong.

Yes, Gupta should have done his research earlier. But compared to a lot of the scum in the media, he is basically a saint. He deserves to be praised, if only to encourage others to follow his lead and admit when they were wrong.



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