Die rechtliche Konstruktion des Geldes

'The Legal Construction of Money. On the Historical-Legal-Institutional Relationship between Money, the Treasury, and the Central Bank': Fabian Heide analyzes the historical legal-institutional conditions of the origin and effects of money in German history and outlines the evolutionary path from the early Middle Ages to the present in a multidisciplinary tour d'horizon. Money proves to be a fiscal instrument of authorities before it was commodified as a medium of exchange in later stages. Along this journey, law plays the central role as a mode of governance and institutionalization. Money, after all, is legally constructed.