Applying the Taxonomy to the Authors Discussed in this Book

Jan Greitens ()
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Jan Greitens: Johann Wolfgang Goethe-Universität

Chapter Chapter 28 in Currency and Credit Money, 2026, pp 281-284 from Springer

Abstract: Abstract This chapter summarizes the book’s taxonomy of monetary theories and identifies key lines of thought across history. It distinguishes between approaches focusing on store of value, medium of exchange, means of payment, and unit of account, linking them to contemporary debates. This chapter highlights the coexistence of metallist and nominalist traditions. It emphasizes that monetary theory reflects normative choices about the role of money in society. While acknowledging the limitations of classification, this chapter presents the taxonomy as a tool for understanding the diversity and continuity of monetary thought.

Date: 2026
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DOI: 10.1007/978-3-032-24113-9_28

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