Apply to the James Buchanan Fellowship: Part-Time Program for Recent PhD Graduates

Dec 06, 2023

Apply Today! To the James Buchanan Fellowship.

Sponsored by the Mercatus Center

The Mercatus Center’s James Buchanan Fellowship is awarded to scholars in any discipline who have recently graduated from their doctoral programs. The aim of this fellowship is to encourage early-career scholars to critically engage ideas in the political economy of Adam Smith and the Austrian, Virginia, and Bloomington schools of political economy. In addition, James Buchanan Fellows will be introduced to contemporary applications of these ideas to questions in social sciences dealing with the dynamics and institutional underpinnings of economic, political, and social coordination.

Fellowship Details

James Buchanan Fellowship

James Buchanan Fellows spend two weekends and one week in residence at George Mason University (Fairfax, VA) during the academic year participating in discussions on mainline political economy. Each colloquium is structured around a set of readings and includes discussion sessions, lectures, formal meals, and hospitality. Hayek Program scholars, affiliated scholars, and alumni of our James Buchanan Fellowship serve as discussion leaders and participants during the colloquia.

Fellows will join a network of Mercatus students, alumni, and scholars who are conducting and engaging with cutting-edge research in contemporary political economy and are eligible to apply for conference and research funding.


The total award of up to $8,000 includes a stipend, all required reading materials, and travel and lodging to attend colloquia hosted by the Mercatus Center.

Admissions Process

  • Applications for the 2024-2025 academic year must be submitted by April 15, 2024.
  • Application review will begin after the deadline and decisions will begin to be announced twelve or more weeks after the deadline.

Apply by April 15, 2024

If you have any questions, please email [email protected].

About the Mercatus Center at George Mason University

For over 40 years, the Mercatus Center at George Mason University has recruited, trained, and supported graduate students who have gone on to pursue careers in academia, government, and public policy as well as supported scholars pursuing research on the cutting edge of academia. Mercatus student fellows have an opportunity to learn from and interact with an impressive collection of Mercatus faculty, affiliated scholars, and visitors. Past visiting scholars have included Nobel Laureates James Buchanan, Vernon Smith, Douglass North, and Elinor Ostrom, as well as eminent scholars such as Gordon Tullock, Ludwig Lachmann, Israel Kirzner, David Schmidtz, David Friedman, and Deirdre McCloskey.

Not ready to apply this year? Bookmark The James Buchanan Fellowship to your ProFellow account.