Rather than economic development,Hakuseki ARAI who was a Neo-Confucian scholar emphasized moral of Edo bakufu (Japanese feudal government headed by shogun) based on the motto by Ieyasu TOKUNAGA "currency must be reminted by material which is respected all the time,"but the situation changed drastically from Keicho era.
朱子学者であった新井白石は、経済発展よりも徳川家康による「貨幣は常に尊敬に値する素材で吹き立てられるべき」という言葉通りに江戸幕府の道義を重んじたのであったが、状況は慶長期とは一変していた。