I just began golfing and find that many of the instructional aids don’t discuss what the hands should be doing during the golf swing. My question is should I hinge my wrist towards my forearm or should they hinge towards the sky? Thanks for any help.

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This is a common misconception in the golf swing.
Brian Manzella explains this the best at:
http://www.brianmanzella.com/forum/showthread.php?t=3390
You have to sign up for the forum, its free (the forum has pictures too). But I can summarize. Alot of people hear that at address you should raise your hands and then bend your wrists straight up. This is WRONG!
Try this:
Put the club out in front of you parallel to the ground, toe of the club to the sky. Bend your wrists so that the club swings backwards, but stays parallel to the ground with the toe still facing up to the sky. THIS is the correct wrist hinge you should be after.
Took me years to find this out and once I did – I went from a 15 handicap to a 6.