James Buchanan Fellowship 2026-27 in the USA: Fully Funded Opportunity for International Scholars

Applications are now open for the James Buchanan Fellowship 2026-27 in the USA, a fully funded postdoctoral opportunity offered by the Mercatus Center. This fellowship is available to international students who have recently completed their doctoral degrees and aims to support early-career scholars in exploring ideas in the political economy of Virginia, the Austrian School, and the Bloomington School. Fellows will study the modern applications of these economic and social science principles, focusing on the dynamics and institutional frameworks of political, economic, and social coordination.

The fellowship lasts for one year and includes three weekends in residence at George Mason University in Fairfax, Virginia. During these weekends, fellows participate in structured colloquia with readings, discussions, lectures, formal meals, and networking sessions. The program includes mentorship from Hayek Program scholars, affiliated researchers, and previous Buchanan Fellows. Participants gain access to a global network of scholars and students engaged in advanced research in political economy, as well as opportunities to attend international conferences and receive research funding.

The James Buchanan Fellowship provides a fully funded experience covering a stipend, lodging, meals, and travel expenses for fellowship activities. Fellows will enhance their research and professional skills while connecting with an international academic network. This postdoctoral fellowship also allows participants to gain hands-on experience in a collaborative environment, preparing them for future leadership and research roles in the social sciences.

Eligibility requires applicants to have completed a PhD within the last six years and hold a strong academic or research position in a recognized university or research institution. Fellows must be able to commit to travel for three weekend colloquia, have research or teaching interests aligned with political economy, and actively participate in all scheduled program activities. Applicants must follow the program policies, procedures, and deadlines set by the Mercatus Center.

Benefits include a total award of up to $8,000, covering the stipend, reading materials, travel, and lodging for colloquia. Fellows are reimbursed for academic travel expenses related to the program and become part of an international scholarly network. Required application materials include a cover letter detailing academic background, research interests, and familiarity with political economy schools, a resume or CV, academic publications if available, and responses to short answer questions.

Applications for the James Buchanan Fellowship 2026-27 must be submitted online with all required materials before the deadline of April 15, 2026. This fellowship offers an exceptional opportunity for recent PhD graduates to gain mentorship, international exposure, and professional growth in the field of political economy.