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    An Economist Explains Why Losing Weight Is Kind Of Like Defeating Inflation

    enApril 02, 2018

    Podcast Summary

    • Understanding various situations is crucial for successHaving a multifaceted perspective and being open to new ideas can lead to valuable insights and opportunities in both personal and professional life.

      Having a comprehensive understanding of various situations, whether it's in real estate investment or personal relationships, is crucial for success. Principal Asset Management, as a real estate manager, utilizes a 360-degree perspective, combining local insights and global expertise to identify the best investing opportunities. Similarly, in personal relationships, being aware and empathetic towards others' struggles can lead to stronger connections. During a podcast episode of Odd Lots, hosts Joe Weisenthal and Tracy Alloway discussed their long-term working relationship and how they've come to know each other. They also shared an unexpected topic of conversation - their fascination with unconventional dietary habits. This led to an intriguing crossover topic with economist Miles Kimball, who has been blogging about various aspects of the economy and monetary policy, as well as diet and obesity research. Kimball's work on the subject of fasting has particularly piqued Weisenthal's interest. This conversation highlights the importance of having a multifaceted perspective and being open to new ideas, whether it's in business or personal life. By embracing diverse perspectives and being curious, we can uncover valuable insights and opportunities.

    • Interdisciplinary approaches necessary for complex scientific questionsEconomist Miles Kimball advocates for economists to tackle complex scientific questions, like obesity, with interdisciplinary approaches to overcome unique blind spots in each field and gain a more comprehensive understanding.

      Economist Miles Kimball argues that important scientific questions, like obesity, require interdisciplinary approaches due to each discipline's unique blind spots. The conventional view of obesity being caused by people eating too much and exercising too little is oversimplified, as it fails to consider the role of metabolic factors and unconscious influences on food intake and energy expenditure. Kimball, who is interested in various fields within economics, emphasizes the importance of economists tackling scientific questions they're well-prepared for and collaborating with other disciplines to gain a more comprehensive understanding.

    • Myth of human biology to store calories debunkedEvolutionary disadvantages of obesity, challenging conventional wisdom, and evidence-based weight loss approaches like intermittent fasting.

      The belief that humans are biologically programmed to store as many calories and fat as possible is a myth. Contrary to this belief, animals, for the most part, do not get obese. Evolutionarily, there are disadvantages to being too fat, such as reduced mobility and ability to escape predators. This topic became personal for me due to my own weight loss journey and the realization that popular advice, like the low-fat diet of the 1980s, may not be effective. Through my research, I have found that identifying and understanding the root causes of obesity is crucial. One researcher, Jason Fung, started by putting his patients on a low-carb diet but found it to be difficult for them to follow. He then shifted his approach to intermittent fasting, which has been more successful and easier for his patients to understand. Overall, the key is to challenge conventional wisdom and explore evidence-based approaches to weight loss.

    • Fasting for Better Health: Burning Fat for EnergyFasting improves insulin sensitivity by burning fat for energy instead of reducing calories or putting the body in starvation mode

      Fasting, or periods of time with no food, can be easier for people to follow than making complex changes to their diet. Fasting doesn't put the body in starvation mode like calorie restriction spread throughout the day does. Instead, during periods of fasting, the body burns its own fat for energy and maintains normal insulin levels. This distinction is important to understand, as the goal of fasting is not to reduce calories but to lengthen the window of time with no food. This can help improve insulin sensitivity and lead to better overall health.

    • The struggle with obesity as an economic analogyFasting for weight loss is easier than traditional diets due to its combination with a low-carb diet and extended periods without food for effective fat burning

      Just as increasing the money supply too much can lead to inflation and the need for a recession to bring it back down, being significantly overweight requires a "recession" or extended period without food to burn fat effectively. Fasting, unlike traditional diets, is easier to stick to because it pairs well with a low-carb diet and is less restrictive overall. This economic analogy provides a new perspective on the struggle with obesity and the importance of substantial periods without food for weight loss. Fasting is not easy, but it is remarkably easier than trying to stick to a restrictive diet long-term. The success of fasting for weight loss is rooted in its combination with a low-carb diet and the relative ease of the approach compared to traditional diets.

    • Prepare for a successful fast by eliminating sugar and processed foodsEliminating sugar and processed foods before fasting can make the experience more manageable and lead to significant weight loss

      If you're looking to fast for weight loss and improved health, it's important to avoid sugar, bread, potatoes, rice, and most processed foods beforehand. This will make the experience of fasting more manageable and less painful. Fasting isn't about following a strict schedule, but rather about substantial periods of time without food, during which you can be distracted with work or entertainment. The length of these periods can vary, and it may be easier to start fasting when you're overweight and still have a ways to go towards your goal weight. By eliminating sugar and processed foods from your diet, you'll likely see significant weight loss, and fasting will accelerate this process. Remember, the goal is to find a fasting routine that works for you and stick with it, even if it means skipping a whole day of eating occasionally.

    • Understanding the history and limitations of fasting for weight lossWhile fasting may be a popular weight loss method, its effectiveness should be evaluated with caution due to the discrediting of previous nutritional theories. Thorough research is necessary to determine its health and sustainability.

      Both in nutrition and economics, theories and schools of thought come and go in popularity. When it comes to the nutritional theory of fasting for weight loss, confidence in its effectiveness should be tempered with the understanding that previous theories have been discredited. While more research is needed, it's crucial that funding is allocated to thoroughly investigate this and other weight loss methods, especially given the significant impact obesity has on public health and the economy. If I were to design the gold standard study on fasting for weight loss, I would propose conducting multiple studies with rigorous designs to determine its health and sustainability. This would involve a large sample size, long-term follow-up, and a control group to compare results. By taking a thorough and scientific approach, we can gain a clearer understanding of the potential benefits and limitations of fasting as a weight loss strategy.

    • Focusing on the insulin index and fasting for weight lossConsidering the insulin index and incorporating fasting may be more effective for weight loss than debating low carb vs low fat diets

      When considering diet and weight loss, focusing on the insulin index and incorporating periods of fasting may be more effective than debating low carb versus low fat diets. The insulin index, which measures the amount of insulin produced in response to different foods, is a more direct indicator of fat storage and burning. Fasting, which involves substantial periods without food, has also shown promise in studies. However, it's important to note that many nutrition experts rely heavily on mouse and rat studies, which may not accurately represent human adaptation to different diets due to the longer human evolutionary history with low-carb diets. Overall, a low insulin index diet combined with fasting could be a promising approach for weight loss and improved health.

    • The Impact of Global Interconnectedness on Economic IdeologiesIn today's interconnected world, unconventional ideas can challenge dominant economic beliefs and potentially become mainstream. However, it's important to question the origins of these beliefs and remember not everyone may adopt new ideas right away.

      We're living in an era where unconventional ideas, even those that challenge dominant economic ideologies, have a chance to gain traction and potentially become mainstream. This is due in part to the global interconnectedness brought about by the Internet. However, it's worth questioning whether this constant debate between extreme sides of an argument is a good thing or not. Using the example of cholesterol and its perceived health risks, it's clear that conventional wisdom can change over time. But the origins of these beliefs can sometimes be cynical, and it's important to remember that not everyone may adopt new ideas right away. Regarding other news, the Odd Lots team is excited to announce a new podcast called "Money Stuff" where Matt Levine and Katie Greif will explore finance and Wall Street news every Friday.

    • Achieving a Master's Degree in Business Online with GCU's SupportGCU helps students fit their master's degree into their busy schedules with a dedicated graduation team and personal counselor.

      Earning a master's degree in business online can seem overwhelming, but with the support of Grand Canyon University, it becomes achievable. GCU specializes in helping students fit their degree into their busy schedules, providing them with a dedicated graduation team and personal counselor. Listen to the Money Stuff podcast on Apple Podcasts, Spotify, or wherever you get your podcast for more information. Don't let your busy life prevent you from achieving your goals. With GCU, you'll have a plan and a team behind you to help you find your purpose and graduate with a master's degree in business. Visit gcu.edu for more details.

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