February 21, 2005
Rebates--Maybe the Glass is Half Full

In an earlier post, Michael commented on the price discrimination scheme/scam of rebates. (He was following up on an Arnold Kling posting at EconLog and has a link to Kling's post.)

In late December, I bought a shredder and one of the scanner/copier/printer combos for my home office from Staples. (Note the timing of the purchase--since I had some consulting income last year, Uncle Sam kindly picked up about 45% of the tab.) The two items came with combined rebates of $30. Staples has a web set-up called "Easy Rebates" where one can enter a couple of long numbers from the purchase receipt instead of clipping UPCs, mailing receipts, etc. About 4 weeks later I had my rebates.

One happy rebate recipient--so what? But wait, as they say in the bamboo steamer commercials, there's more. Last night, while watching Michael's Blue Devils defeat Wake Forest (hard to take ACC hoops out of this NC native), on came a Staples commercial. What was Staples pitching? Its "Easy Rebate" program. Evidently the capitalist pigs at Staples have figured out that it is good business to provide and advertise a consumer-friendly rebate program. And this is just what the folks using rebates as scams need--some good old fashioned competition. As Dickie V. might have said had he been calling the game--Wow, can you believe it?

ADDENDUM: There's a certain health insurance company that I'd happily direct Michael's wrath and attorney wife toward. A few years back I filed a claim (I didn't have my card when I went for treatment so I put the bill on my credit card). After several months of no response, I called the company and was told it never received the claim. Though I'm no great fan of the postal service, I think this is unlikely (my mortgage company, two credit card companies, etc. have always received my mail). So I sent a new claim, return receipt. The bastards' response this time came promptly--the (12 month?) deadline for filing a claim had elapsed.

Posted by E. Frank Stephenson at 05:51 AM

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

Our Bloggers
Joshua Hall
Robert Lawson
E. Frank Stephenson
Michael C. Munger
Lawrence H. White
Craig Depken
Tim Shaughnessy
Edward J. Lopez
Brad Smith
Mike DeBow
Wilson Mixon
Art Carden

Blogroll

Search

Archives
By Author:
Joshua Hall
Robert Lawson
E. Frank Stephenson
Michael C. Munger
Lawrence H. White
Edward Bierhanzl
Craig Depken
Ralph R. Frasca
Tim Shaughnessy
Edward J. Lopez
Brad Smith
Mike DeBow
Wilson Mixon
Art Carden

By Month:
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004
September 2004
August 2004
July 2004

Powered by
Movable Type 2.661

Site design by
Sekimori

XML