Showing posts with label working. Show all posts
Showing posts with label working. Show all posts

Thursday, May 8, 2008

Job Spotlight - human guinea pigs

It's been getting increasingly harder syncing times for new podcasts, so I'm introducing a new feature onto the blog to encourage more of our listeners to read our commentary instead of just downloading content from itunes.

I had this idea a while ago, after watching Woody Allen's Bananas, to eek a living out of testing products for companies and the government. The attraction is obvious - get paid not for actually doing anything, but have something done to you.

1. Is it a living?
There isn't much of a market in Australia, but travel to the US where commercial and government scientists are requiring a total of at least 10,000,000 healthy subjects. Lengthy and involving medical studies can pay thousands of dollars each. One drug trial in Baltimore, typical of its kind, paid US$6,500 for four 12 day stints of blood samples, echo cardiograms, and physical checkups. Professional guinea pigs do exist. Nick F (anonymous to protect his earning capacity - researchers are weary of serial testers) participated in over twenty studies throughout the US in 2007, netting him around $80,000 for the year - equivalent to most middle management office and retail jobs requiring tertiary qualifications.

2. Is it dangerous?
There is an obvious element of risk being the first person to try anything. In March 2006, eight male volunteers checked into London's Northwick Park Hospital for a weeklong study of TGN1412, an experimental treatment for rheumatoid arthritis and leukemia to be manufactured by Boehringer- Ingelheim. Within minutes of receiving the first dose, six of them began to writhe in pain, vomit, and lose consciousness, according to news reports. Nurses rushed them to the hospital's trauma unit, where doctors treated them for multiple organ failure. The test subjects lived, but all suffered permanent damage to their immune systems and internal organs. One lost fingers and toes. Another developed signs of cancer possibly triggered by the drug.
The liability waivers that must be signed before being accepted as a subject are extensive, it's simply a case of fingers crossed and hope for the best.

What's involved?
A major qualification to the idea of getting paid to not do actual work is that there is a fair bit of work involved, primarily, in finding the 'work' itself. Pros spend much of their 'free' time scouring the internet for medical trial notices, air fares, car rentals and short term accommodation. It's important not to miss the big tests which can each form 20% of more of a guinea pig's yearly salary.

The Bottom Line
Once you get the process of sorting out new trials, it's a breeze - just sit back and let a bespectacled man in a white lab coat inject an unknown purple serum into your neck. Collect paycheck. Repeat.






Wednesday, March 19, 2008

Episode 2 - Unemployment and Globalisation

Listen to Episode 2


...Or download it directly here

Hello listeners! Lots of traveling around this episode - we talk about Jesse's recent fact-finding mission to Crown Casino in Melbourne (gambling, apparently not a good alternative to work) and we're broadcasting directly from Simi Valley, California - home of the Reagan Library. Here's a quick snap of the hotel we've been put up in I got from the outside with my cell (sorry about the quality)


Other topics of discussion include unemployment in Zimbabwe (and the third world in general), my acceptance and upcoming attendance to the annual CIS liberty and society conference (will have live blogging at the event on April 11-13th) and we respond to some viewer emails (including one from surprise celebrity listener Camilla Belle).

We also talk about the human capital project - issuing students loans not backed against existing securitisations, but future income capacities (equity, not debt based). An interesting concept, but still with many holes to iron out, I believe.


Simi Valley, by the way, is awesome and I highly recommend any listeners coming out this way to drop by the area. Sadly, however, our time is limited and we are literally catching a plane back to Canberra an hour after recording the podcast. I'm a little peeved for not being able to go out much but such is the nature of these shows that you can't have everything at one time.

A bit of trivia for this week's episode - we did actually see Camilla Belle on our way to the airport - apparently she's still doing a bit of the promo circuit around Europe for 10,000 BC, and just on her way to the UK. Anyway, she didn't recognise us immediately from the show until she matched up our voices (she had episode 1 on her Ipod). Well she said she was keen for an interview later down the track but to be honest I think it was just a polite way of giving us the thumbs down. We'll see.