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Axiomatik der Ökonomik — MoMaT-A working draft online

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What is money? Martin Hellwig diagnosed in 1993, and again in 2018, that monetary theory has no conceptual foundations: the word "money" stands for at least four different things — legal tender, medium of exchange, macroeconomic aggregate, unit of account — without the difference ever being formalised. We read that as a type error: the same word for different types.

Our answer is now online as a working draft (PDF): Axiomatik der ÖkonomikVon Schuld- und Erfüllungsverträgen mit Geld, Zinsen und Lernen zum Topos der Wirtschaftspolitik. Citation: MoMaT-A.