Baseball’s Failure To Exact A Price For Cheating Could Destroy The Game
Nothing creates a moral hazard more than exposing corruption and yet failing to punish those responsible. That’s what happened in the aftermath of the financial crisis of 2008, and that’s what’s happening in baseball today. The rationale for failing to punish Wall Street corruption in 2008 was that big banks were “too big to fail” and had to be propped up — executive bonuses and all — to save the world economy. The rationale in professional baseball in the aftermath of the Houston Astro’s sign-stealing scandal is that by fully exposing the scandal and holding those ...