Standard economic models are based on axioms that epitomize the fundamental behavioral assumptions. This approach is trapped in a blind alley. The suggested change of perspective is guided by the question: what is the minimum set of nonbehavioral propositions for the consistent reconstruction of the evolving monetary economy? We start with three structural axioms and determine their real-world implications. The differentiation of the axiom set leads to the structural value theorem. For the limiting case of the harmonic structure a formal link to the classical and neoclassical value theories can be established.
