An abundant and compelling literature supports the existence of a homeostatic system that dynamically adjusts energy intake and energy expenditure to promote stability of body fat mass. In the context of this system, the ease with which many individuals gain weight is difficult to explain. Some have argued that energy homeostasis operates primarily to defend against weight loss and that, over the course of evolution, biological defense against weight gain was not selected for. According to this Absence of Protection model, obesity is seen as the natural result of living in an obesigenic environment. An alternative hypothesis, termed the Central Resistance model, proposes that under normal circumstances, the energy homeostasis system provides an effective defense against weight gain as well as weight loss and that common forms of obesity involve genetic or acquired defects (or interactions between them) that impair the function of this system. Here, we discuss these dichotomous possibilities within the context of current literature regarding energy homeostasis and suggest a strategy for distinguishing between them.