Eye – 8 April 2016

From price tags to white feathers

by Eye 8th April 2016

The provenance of the price tag

Eye has discovered that Friends had a hand in pricing becoming more equal.

A tag indicating a fixed price was considered revolutionary at a time when haggling with the shopkeeper was the norm. The Oxford Handbook of Pricing Management says that Quaker merchants ‘are often credited with being the first’ to use this practice.