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income inequality

074: Does Science Have an Income Inequality Problem?

On May 2nd, NIH Director Francis Collins announced a plan to limit the total amount of grant funding awarded to an individual investigator or lab.

According to Collins, “the distribution of NIH grant funding is highly skewed, with 10 percent of NIH-funded investigators receiving over 40 percent of NIH funding.”

The funding proposal would limit an individual lab to the equivalent of 3 RO1-sized grants, and free up an additional 1600 funding opportunities that could go to early and mid-career scientists.

On June 8th, the plan was scrapped…

Addressing the 90%

This week on the show, we cover the contentious and somewhat confusing reversal of Collins’ plan to spur innovation by spreading around the money.

Did the plan change due to criticism from the labs with the deepest pockets? Or was there evidence to support the replacement plan that earmarks money for early-career scientists?

At the heart of this issue, we discuss whether basic research would benefit from a shift in investment strategy.

Do science and innovation advance faster when the ‘best’ labs get all the money, or is there value in making many smaller bets?

Tell us what YOU think in the comments below.

Everybeer

Some beers sing with complex aromas, malty bitterness, and just-right effervescence.  And then there’s brown ales.

This week, we sampled the Legend Brown Ale from Legend Brewing in Richmond, VA.  Don’t get me wrong, it’s a great beer.  Very tasty.  It just tastes like every other brown ale ever.  If you sneakily replaced the contents of this bottle with some other brown ale, I promise no one would notice.

I don’t know whether that makes us beer snobs or beer newbies.  Either way, we’re just counting down the days before we get back on our IPA kick…

 

 

062: FLSA and 21st Century Cures are laws that impact the lab

The 2016 presidential election was divisive, dramatic, and distracting.  That’s why you probably missed a series of rulings and regulations that could have a profound impact on your research.

But fear not, Daniel and Josh are back with news on the recent legislation and how it affects your funding and focus.

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055: Four Ideas to Modernize Mentorship – #modernPhD Part 2

Today, a graduate student will make a terrible mistake.

He’ll blindly commit to a long-term relationship that will make him miserable.  He’ll be too shy to ask his partner the painfully awkward questions that could predict their ultimate failure as a team.

Does this person have time for me?  Is she enthusiastic about helping me succeed?  Do our goals align?

Of course, this is not a romantic relationship: it’s the commitment formed between a grad student and his advisor.  And though it’s not a marriage, it can cover some of the same emotional ground.  When it’s healthy, you’ll both grow as people and you’ll achieve more than you would alone.

When it’s unhealthy, you might bear the emotional scars for the rest of your life.

With just a few simple changes to the graduate-advisor relationship, we can make sure more students, and their mentors, reach their full potential.  Why leave it to chance?

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Credit: Mo Riza

033: It’s Tax Season – Here’s What You Need to Know

You might believe that because you’re in grad school and receiving a research stipend, you don’t really need to worry about paying an income tax.  You don’t have a ‘real job’ and no one asked you to fill out any paperwork so you’re off the hook, right?

Wrong.  Utterly, expensively, illegally wrong.

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028: Making Time for Kids When Everyone Else Stays Late

If you have kids, you’ve experienced “the time shift.”

Where you used to have hobbies, you now have a drive to soccer practice.  Where you used to have dinner out, you now have dinner, dishes, bath-time, stories, and bedtime, IN.

And where you used to stay late in the lab to finish an experiment, you now rush out at 5 to avoid the late fee at daycare.

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