Intertemporal Mormonism

J. Wellington Wimpy understood the time value of money

J. Wellington Wimpy understood the time value of money

The last couple days, I’ve been thinking about intertemporality in the church. In particular, I’ve been thinking about how we see the value of current revelation vis-à-vis both past and future revelation.

Partly, I think, this interests me as an expansion of my professional interests. In my world, we think a lot about the time value of money. In a nutshell, the time value of money holds that, as long as you can earn a positive rate of interest, a dollar today is more valuable than a dollar a year from now, so if you have a choice between earning a dollar today and earning a dollar in a year, you should choose the dollar today.[fn1] [Read more…]

Tax Exemption, Post-Obergefell

… will look a lot like tax exemption, pre-Obergefell.

There’s been a lot of Sturm und Drang recently over what will happen to the tax exemptions of churches and religiously-affiliated schools that oppose same-sex marriage. The specter of loss of exemption has been bandied about, not just by tax-illiterate bloggers, but by major media sources. (Heck, I looked at the question prior to the decision.)

So could the church or BYU lose its tax exemption as a result of their policies on homosexuality?  [Read more…]

Obergefell and BYU’s Tax Exemption

On April 28, the Supreme Court heard arguments in Obergefell v. Hodges, which challenged both the constitutionality of state bans on same-sex marriage and of states’ nonrecognition of same-sex marriages performed in other states.

By the end of June, the Justices will have decided and we’ll know the constitutional status of same-sex marriage bans in the United States. But that doesn’t mean all questions will be resolved; in fact, an exchange between Chief Justice Roberts, Justice Alito, and Solicitor General Verrilli piqued the interest of a lot of people, especially those invested in religious educational institutions.  [Read more…]