The Mercatus Center’s James Buchanan Fellowship is a one-year, competitive fellowship programme awarded to scholars in any discipline who have recently graduated from their doctoral programmes.
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.
James Buchanan Fellows spend two weekends in residence at George Mason University (Fairfax, VA) and three virtual colloquia during the calendar year participating in discussions on mainline political economy. To accommodate for the teaching and/or research obligations and responsibilities of early career scholars in the academy, the events that constitute the James Buchanan Fellowship all take place within the same calendar year. Furthermore, the three shorter colloquia take place during the summer virtually.
Each in-person colloquium is structured around a set of readings, and includes discussion sessions, lectures, formal meals, and hospitality. Each virtual colloquium is structured around a set of readings and includes discussions sessions.
Hayek Programme scholars, affiliated scholars, and alumni of the 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.