An Easter thought

University of Chicago economist Gary Becker ‘gets it.’ He wisely observes of those who took on mortgages for properties and houses they could not afford because real estate prices were soaring: "They gambled ( also hoped) that the good times would continue indefinitely." When the chickens of greed, narcissism and speculation came home to roast, Gary again ‘nails it’ when he observes that the borrowers successfully shifted (also rationalized) responsibility for their bad decisions to others or society (expecting bailouts, of course ) creating a ‘moral hazard.’

Likewise, Adam and Eve chose to gamble. For their loss, however, they not only suffered the consequence of their action, but also created a moral hazard. Jesus fixes all that! Humanity biggest, best bailout hung on a cross. By Christ’s death and resurrection, he redeemed the world of its sin of hubris. Are we sufficiently grateful to amend our irresponsible ways?