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Advantage Quote by Barbara Tuchman

“To ensure that no one gained an advantage over anyone else, commercial law [in the 14th century] prohibited innovation in tools or techniques, underselling below a fixed price, working late by artificial light, employing extra apprentices or wife and underage children, and advertising of wares or…” quote by Barbara Tuchman
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“To ensure that no one gained an advantage over anyone else, commercial law [in the 14th century] prohibited innovation in tools or techniques, underselling below a fixed price, working late by artificial light, employing extra apprentices or wife and underage children, and advertising of wares or praising them to the detriment of others.”

Barbara Tuchman

About This Quote

Source Book: A Distant Mirror by Barbara Tuchman, 1978

Describes medieval commercial restrictions meant to prevent economic inequality, limiting innovation and competition.

In simple terms: Old laws limited competition.

Key Takeaway

Recognize how regulation can stifle progress.

Themes

economics history regulation

Mood

analytical critical

Type

historical economic

When to use this quote

  • policy making
  • business strategy
  • economic reform

Key Concepts

market dynamics social equity innovation constraints

Questions to Reflect On

  • Are modern regulations too restrictive?
  • How can we balance fairness with innovation?
A Different Perspective

Over‑regulation can hinder beneficial change.

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