Summary
The James Buchanan Fellowship is a prestigious one-year program designed to support early-career scholars who have recently completed their doctoral degrees. It focuses on engaging with the political economy theories of Adam Smith and the Austrian, Virginia, and Bloomington schools, while providing networking opportunities and scholarly development.
- 🎓 Fellowship Overview: One-year competitive program for recent doctoral graduates in any discipline.
- 🏛️ Focus Area: Encourages engagement with the political economy of Adam Smith and the Austrian, Virginia, and Bloomington schools of thought.
- 📚 Learning Opportunities: Fellows engage with contemporary applications in social sciences, including economics, politics, and social coordination.
- 🏫 Residency and Virtual Sessions: Two weekends in residence at George Mason University and three days virtually, featuring readings, lectures, and discussions.
- 🤝 Networking: Join a network of Mercatus scholars and alumni with access to funding opportunities and research conferences.
- 🗣️ Colloquium Structure: Includes discussion sessions, formal meals, and hospitality with participation from Hayek Program scholars and alumni.
Designation
James Buchanan Fellow
Table
| Feature | Details |
|---|---|
| Total Award | Up to $8,000 |
| Funding Includes | Stipend, reading materials, travel, and lodging |
| Duration | One academic year |
| Application Review | Begins after April 15, 2026; decisions in 10-12 weeks |
Research Area
Political Economy, Social Sciences
Location
George Mason University, Fairfax, VA (two weekends in residence and virtual sessions)
Eligibility/Qualification
- Must have graduated from a doctoral program in the last six years.
- Currently hold an academic position at an accredited university or a research position with a dedicated organization in social sciences.
Description
The James Buchanan Fellowship encourages early-career scholars to critically analyze ideas from prominent schools of political economy. Selected fellows participate in discussions, lectures, and activities focused on contemporary applications of these economic concepts. The program includes participation in colloquia structured around specific readings, fostering an environment for intellectual exchange and personal growth within the field.
How to Apply
Interested candidates should prepare their application materials and submit them by the deadline. For more information, students may also refer to the FAQs provided on the application site or contact the Fellowship office at BuchananFellowship@mercatus.gmu.edu.
Last Date to Apply
April 15, 2026
Explore this opportunity to deepen your understanding of political economy while joining a vibrant community of scholars and practitioners.



