In Mexico, you can get most kinds of sodas in 3 liter bottles. At 17 pesos ($1.33) for 3 liters, Pepsi is cheaper than water.
Note the 3-peso penalty if you buy two 1.5-liter bottles.
It’s hardly a coincidence that Mexico has high soda consumption and high rates of obesity. Taxing sodas seems like a particularly good idea in this situation.
Next public appearance
New Directions in the Fight Against Hunger and Malnutrition: A Festschrift in Honor of Per Pinstrup-Andersen. Cornell University, Statler Hotel Amphitheater. The conference begins at 7:30 a.m. with breakfast and ends with a reception the following day with remarks by professor Pinstrup-Andersen at 2:25 p.m. For the schedule and details, click here.
My joint contribution with Malden Nesheim is from 1:40-2:00 p.m. on “the internationalization of the obesity epidemic: the case of sugar-sweetened sodas.”