So what is the "gift of God"?
It is Catholic teaching that grace is not a result of works, this is why it is in the Letter to the Ephesians.
So what is the “gift of God”?
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Somehow I don’t think that St. Paul would write ‘by grace you have been saved, through faith, and it is the gift of God, not the result of works so that no one may boast’ if he really meant the exact opposite.
Grace, in the context.