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The OECD says countries spend about 25 per cent more on health care for an obese person than for a person of normal weight. (TIM SLOAN/Tim Sloan/AFP/Getty Images)
The OECD says countries spend about 25 per cent more on health care for an obese person than for a person of normal weight. (TIM SLOAN/Tim Sloan/AFP/Getty Images)

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Eating is the new smoking



The OECD has come out with a warning on the growing economic cost of obesity. The think tank says obesity has spread across developing countries 'at an alarming rate' since the 1980s, with 1 in 2 adults currently overweight and 1 in 6 obese. The report says countries spend about 25 per cent more on health care for an obese person than a person of normal weight.



War, what is it good for ...



... Getting a better deal, apparently. Santiago Sanchez-Pages, Senior Lecturer in Economics at the University of Edinburgh, says conflict, from families arguing over vacation plans to interstate wars over resources, is nothing more than a tool for negotiation.



Framing the financial crisis

Yves Smith of naked capitalism gives a mostly thumbs up to the documentary on Wall Street called Inside Job, which opens next month in New York. He calls it a 'very smart, well framed indictment' of a financial services industry that has ' subverted government and the economics discipline.'





G.O.P.'s 'nonsensical' numbers



Paul Krugman of The New York Times on the new math that Republicans are using in the run-up to the November Congressional elections in the United States. He says the G.O.P.'s slogan should be "Deficits are a terrible thing. Let's make them much bigger."







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