War with Iraq could cost $120bn: economists

Two of Australia's most prominent economists say it could cost Australia's economy up to $120 billion to follow the United States into a war with Iraq.

The costings have been done by Reserve Bank board member professor Warwick McKibbin and Dr Andy Stoeckel, the head of the Centre for International Economics.

Cheap at half the price I say, but I think I could solve Little John-Boy's anger management problem a little more economically with a $9.99 can of spray on Viagra.