Washington Post: How Mormonism may shape the U.S. economy

Some wonder whether certain beliefs and practices in the Mormon Church help its members inordinately contribute entrepreneurship, innovation and management to the economy. Things like honesty and respect for others and their property are taught and practiced in most churches. A few other principles, however - though they can be followed by anyone and are not uniquely “Mormon” beliefs per se - might be followed more consistently in our church than in some others. I’ll summarize just two of these.

The first is a duality that is critical to successful innovation: On one side, the license to innovate must be broadly felt. And on the other side, the instinct to follow their leaders’ guidance is critical to implement or “scale” successful innovations. Few institutions balance this as well as the Mormon Church.

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