The Monkees go country with this number, written by future pop-country star Michael Martin Murphey, who scored with "Wildfire" in 1976. "What Am I Doing Hanging Around?" has Mike Nesmith on lead vocals, clearly showing a little Stephen Stills influence in his singing. Of course, there is the legend that Stills himself had auditioned for the band, but was turned down. Stills still became a music icon, thanks to Buffalo Springfield and Crosby, Stills, & Nash (and sometimes Neil Young).
It's amazing how they managed to make all those songs work without any of the boys playing bass.