Are you a recent Ph.D. graduate eager to explore and contribute to the field of political economy? The James Buchanan Fellowship, offered by the Mercatus Center at George Mason University, is an outstanding opportunity for early-career scholars who aspire to delve into foundational economic principles and their application to real-world challenges.
This fellowship is named after Nobel Laureate James M. Buchanan, whose groundbreaking work in public choice theory continues to inspire researchers worldwide. Designed for scholars from various disciplines, the program nurtures critical thinking, fosters intellectual growth, and connects participants with a network of experts and academics.
The James Buchanan Fellowship is a one-year program aimed at scholars who have recently completed their doctoral studies. It emphasizes understanding the dynamics of economic, political, and social coordination through the lens of key writings in political economy.
The fellowship focuses on the ideas of historical and contemporary economists, particularly from the Austrian, Virginia, and Bloomington schools, as well as Adam Smith’s classical perspectives. Participants engage in thoughtful discussions, explore institutional underpinnings, and examine innovative approaches to economic and social research.
Key Features
- Host Country: USA
- Location: Virginia, USA.
- University: George Mason University
- Duration: One Year
What Fellows Gain
The fellowship offers:
- Up to $8,000 in total funding, which includes:
- A stipend.
- Travel and accommodation expenses for colloquia.
- All necessary reading materials.
- Access to a supportive community of scholars, alumni, and thought leaders.
- Networking opportunities to collaborate on cutting-edge research in political economy.
- Intellectual engagement with seminal texts and contemporary applications in the field.
Eligibility Requirements
To qualify for the fellowship, applicants must:
- Have completed their Ph.D. within the last 5-6 years.
- Hold an academic or research position at an accredited university or research institution.
- Demonstrate a strong interest in political economy and institutional analysis.
- Be available for three residential sessions, held during weekends and one week at George Mason University.
Program Activities
Throughout the year, fellows participate in:
- Two weekend colloquia and a weeklong residency at George Mason University.
- Structured discussions led by renowned scholars, featuring topics like institutional economics, governance, and public choice theory.
- Collaborative workshops, formal dinners, and interactive sessions designed to deepen participants’ understanding of political economy.
How to Apply
Interested candidates can apply by submitting the following materials through the official Mercatus Center application portal:
- Cover Letter
- Describe your academic journey, research projects, and future goals.
- Highlight your familiarity with the thinkers associated with political economy.
- Curriculum Vitae (CV)
- Provide a detailed account of your academic achievements, research work, and publications.
- Short Answers
- Respond to specific questions that reflect your interest in the fellowship’s themes.
- References (Optional)
- Letters of recommendation are encouraged but not mandatory.
Important Dates
- Application Deadline: March 15, 2025.
- Notification of Acceptance: Shortly after the application review process concludes.