ABSTRACT
The third question we cannot now resolve pertains to the effects of coinage once in circulation. Various significant but poorly documented claims about the consequences of coinage have sometimes been made…. Thomson argued that because coinage was perceived to be an abstraction that deprived objects of their qualitative diversity…. that perception led to the grasping of philosophical abstraction, culminating in the One of Parmenides. There is, of course, no evidence to support this speculation, and it is not especially plausible…. Most of these notions on the effects of coinage seem to me to be without basis. 1
