This weekend, Gary Becker and Richard Posner — two of the smartest and most prolific academics in the nation — wrote about food prices in developing countries on their blog. As always, their analysis is excellent and their writing is top-notch, so what I discuss in this post is really a quibble.
Category: Food
Sweet Science
Gary Taubes, whose book Good Calories, Bad Calories has been very influential among the paleo community (perhaps best exemplified by former UC Irvine economist Art De Vany), has an excellent article in this week’s New York Times Magazine:
“Lustig’s argument, however, is not about the consumption of empty calories — and biochemists have made the same case previously, though not so publicly. It is that sugar has unique characteristics, specifically in the way the human body metabolizes the fructose in it, that may make it singularly harmful, at least if consumed in sufficient quantities.
The phrase Lustig uses when he describes this concept is ‘isocaloric but not isometabolic.’ This means we can eat 100 calories of glucose (from a potato or bread or other starch) or 100 calories of sugar (half glucose and half fructose), and they will be metabolized differently and have a different effect on the body. The calories are the same, but the metabolic consequences are quite different.
The fructose component of sugar and high-fructose corn syrup is metabolized primarily by the liver, while the glucose from sugar and starches is metabolized by every cell in the body. Consuming sugar (fructose and glucose) means more work for the liver than if you consumed the same number of calories of starch (glucose). And if you take that sugar in liquid form — soda or fruit juices — the fructose and glucose will hit the liver more quickly than if you consume them, say, in an apple (or several apples, to get what researchers would call the equivalent dose of sugar). The speed with which the liver has to do its work will also affect how it metabolizes the fructose and glucose.”
Definitely W1OY20 material.
World Food Prize Laureates on Food Prices and Political Unrest
Last week, the Des Moines Register ran an article in which they asked a few World Food Prize laureates to discuss food prices.
As regards political unrest, 2003 World Food Prize laureate Catherine Bertini said:
“This is only the beginning.In 2008, over 30 countries had food riots — but those were in thecities, with people not as poor as most farmers, protesting the higherprices they have to pay. In many cases, the governments acted bycontrolling prices, which quieted some crowds, but made the poor farmers poorer. Yet there are almost a billion people, the vast majorityin rural areas, who cannot survive if they are much poorer. Some don’t survive already.”
The article is interesting throughout, as it pretty much encompasses all that one should know about why food prices fluctuate (e.g., climate change and policies encouraging biofuels production), and what the effects of those fluctuations are on the welfare of the poor. I am thinking of using that article as light reading when discussing food policy in my development seminar next fall.