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 part-time 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. James Buchanan Fellows spend three weekends in residence at George Mason University (Fairfax, VA) during the calendar year participating in discussions on mainline political economy. 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.