Adam Smith Fellowship 2024 (Up to $10,000 Grant) – APPLY NOW

The Adam Smith Fellowship, a collaborative initiative of the Mercatus Center and Liberty Fund, Inc., is granted to doctoral students enrolled in Ph.D. programs at any university and in any field, such as economics, philosophy, political science, and sociology.

Adam Smith Fellowship 2024
Adam Smith Fellowship 2024

These fellowships are designed to expose students to and encourage them to critically analyze influential figures in political economy that they may not typically encounter during their graduate studies.

Consequently, Adam Smith Fellows participate in workshops and seminars on the Austrian, Virginia, and Bloomington schools of political economy throughout three weekends during the academic year and one week during the summer.

This experience also allows fellows to become part of a network of Mercatus students, alumni, and scholars engaged in advanced research in contemporary political economy.


The complete grant, totaling a maximum of $10,000, encompasses:

  • A stipend
  • All necessary reading materials
  • Travel and accommodation expenses for participation in colloquia organized by the Mercatus Center

Eligibility Criteria

To qualify for admission into the Adam Smith Fellowship program, applicants need to meet the following Requirements:

  • Currently enrolled in a PhD program at any university and within any discipline.
  • Willingness to attend colloquia, involving 3 weekends and 1 week of travel during the forthcoming academic year.
  • Possess a research or teaching interest that would be enhanced by a deeper comprehension of fundamental texts in political economy.

Application Procedures

The online application includes:

  • A cover letter of 1-2 pages outlining:
  • Your academic journey in graduate school
  • Your research interests and ongoing projects
  • Your knowledge of the scholars linked to the Austrian, Virginia, and Bloomington schools of political economy Your aspirations from the program.
  • Detailed and current resume/CV
  • A response to a few short-answer questions.

Applications will be reviewed after the deadline, and decisions are expected to be communicated approximately eight to twelve weeks thereafter. To commence your application, click here to access the online application form.

Please visit the official website of the Adam Smith Fellowship.

Application Deadline

March 15, 2024.



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