Mike Israetel
๐ค SpeakerAppearances Over Time
Podcast Appearances
The ideal amount of money supplement or drug companies would charge you is infinity. And the ideal amount of drug they would ship you is zero. Your ideal is that they charge you nothing and give you all the drugs you want. The market finds an equilibrium somewhere between those two points. So the price issue is a technical economic discussion.
It doesn't really belong in the realm of fat loss and obesity and those kinds of conversations, though it does in the sense that we need to try to drive these costs down as cheap as possible, which means we need more innovation and more economic freedom and more competition. Those are the absolute undisputed ways to reduce long-term price without sacrificing availability or quantity.
It doesn't really belong in the realm of fat loss and obesity and those kinds of conversations, though it does in the sense that we need to try to drive these costs down as cheap as possible, which means we need more innovation and more economic freedom and more competition. Those are the absolute undisputed ways to reduce long-term price without sacrificing availability or quantity.
It doesn't really belong in the realm of fat loss and obesity and those kinds of conversations, though it does in the sense that we need to try to drive these costs down as cheap as possible, which means we need more innovation and more economic freedom and more competition. Those are the absolute undisputed ways to reduce long-term price without sacrificing availability or quantity.
Because governments in other countries can drive down the price by simply negotiating a lower price, but then the availability falls and very few people can get them. As a matter of fact, I have many friends in Europe who say that accessing these drugs is functionally impossible or highly unlikely for them to do. So that's a bad deal. And so the education component is a curious one.
Because governments in other countries can drive down the price by simply negotiating a lower price, but then the availability falls and very few people can get them. As a matter of fact, I have many friends in Europe who say that accessing these drugs is functionally impossible or highly unlikely for them to do. So that's a bad deal. And so the education component is a curious one.
Because governments in other countries can drive down the price by simply negotiating a lower price, but then the availability falls and very few people can get them. As a matter of fact, I have many friends in Europe who say that accessing these drugs is functionally impossible or highly unlikely for them to do. So that's a bad deal. And so the education component is a curious one.
I would say the idea that we aren't focusing on nutritional education and we are focusing on pharmaceuticals is just wrong. It's just not true. The United States has had many concerted efforts of nutritional education over as many decades. And most of them just don't do that well. I'm going to tell you why. Because most people just don't care. Most people, it's not an information problem.
I would say the idea that we aren't focusing on nutritional education and we are focusing on pharmaceuticals is just wrong. It's just not true. The United States has had many concerted efforts of nutritional education over as many decades. And most of them just don't do that well. I'm going to tell you why. Because most people just don't care. Most people, it's not an information problem.
I would say the idea that we aren't focusing on nutritional education and we are focusing on pharmaceuticals is just wrong. It's just not true. The United States has had many concerted efforts of nutritional education over as many decades. And most of them just don't do that well. I'm going to tell you why. Because most people just don't care. Most people, it's not an information problem.
It's a, I want tasty food that's in front of me and I'm going to eat it problem. You interview people coming out of a McDonald's. What fraction of them are going to tell you that's healthy food they're eating? Almost none. Regular people. No particular kind of education. We'll be like, yeah, this is burger and fries. What's that, health food? They're like, come on, man, stop.
It's a, I want tasty food that's in front of me and I'm going to eat it problem. You interview people coming out of a McDonald's. What fraction of them are going to tell you that's healthy food they're eating? Almost none. Regular people. No particular kind of education. We'll be like, yeah, this is burger and fries. What's that, health food? They're like, come on, man, stop.
It's a, I want tasty food that's in front of me and I'm going to eat it problem. You interview people coming out of a McDonald's. What fraction of them are going to tell you that's healthy food they're eating? Almost none. Regular people. No particular kind of education. We'll be like, yeah, this is burger and fries. What's that, health food? They're like, come on, man, stop.
And they'll walk away. And you and your camera guy are like, this guy's not going to talk to us anymore. He thinks you're joking, which surely you are. And so the reality is like somewhere here we lost the personal responsibility situation. The reason most people are over fat is because of the amount of food coming in. And I don't want to lay blame. There's no one at fault.
And they'll walk away. And you and your camera guy are like, this guy's not going to talk to us anymore. He thinks you're joking, which surely you are. And so the reality is like somewhere here we lost the personal responsibility situation. The reason most people are over fat is because of the amount of food coming in. And I don't want to lay blame. There's no one at fault.
And they'll walk away. And you and your camera guy are like, this guy's not going to talk to us anymore. He thinks you're joking, which surely you are. And so the reality is like somewhere here we lost the personal responsibility situation. The reason most people are over fat is because of the amount of food coming in. And I don't want to lay blame. There's no one at fault.
These are mechanistic things. But now we have a class of drugs that can radically reduce your appetite and radically improve your long-term health. In addition to that, as both because of your appetite reducing and you're losing weight and in total independent mechanisms, there are like eight independent mechanisms by which these drugs are really good for your health.
These are mechanistic things. But now we have a class of drugs that can radically reduce your appetite and radically improve your long-term health. In addition to that, as both because of your appetite reducing and you're losing weight and in total independent mechanisms, there are like eight independent mechanisms by which these drugs are really good for your health.
These are mechanistic things. But now we have a class of drugs that can radically reduce your appetite and radically improve your long-term health. In addition to that, as both because of your appetite reducing and you're losing weight and in total independent mechanisms, there are like eight independent mechanisms by which these drugs are really good for your health.
And so when we have something like this and we do the appropriate work to drive the cost down, We have something that's just way more powerful than nutritional education. Even if you take nutritional education and somehow manage to propagandize and inculcate everyone into always exuding their best practices, which no one's ever succeeded with.