Dark Bilious Vapors

But how could I deny that I possess these hands and this body, and withal escape being classed with persons in a state of insanity, whose brains are so disordered and clouded by dark bilious vapors....
--Rene Descartes, Meditations on First Philosophy: Meditation I

Home » Archives » February 2005 » The mail-in rebate scam

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02/10/2005: The mail-in rebate scam


Somewhat surprisingly, conservative economist Arnold Kling is outraged by the mail-in rebate scams pulled by CompUSA and other technology retailers, and does not attempt to justify the practice by pointing out that it's a means of doing price discrimination, which according to classical microeconomics is a Good Thing. Even more surprisingly, Kevin Drum explains the economic rationale behind the scam.

Having been recently burned by rebate offers from Best Buy and Cingular, I've made the following resolution, which I'm sure will make Mr. Kling happy: I will never again buy a product that includes a mail-in rebate as a part of the offer.

We'll see how long my resolution lasts. I've got a pretty good track record. I'm very close to going back on my 1997 pledge to never give another dime to the Evil Cable Monopoly, TimeWarner, because I'm so disgusted with Earthlink DSL right now, and I've heard BellSouth is even worse. And I may go back on my 1999 pledge to never give another dime to George Lucas by buying a Darth Tater toy.

Brock on 02.10.05 @ 06:04 PM CST



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