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The Adam Smith Fellowships aim to introduce students to and encourage them to critically engage key thinkers in political economy that they might not otherwise encounter during their graduate studies. Smith Fellows receive a quarterly stipend and spend three weekends during the academic year and one week during the summer in residence at George Mason University participating in workshops and seminars on the Austrian, Virginia, and Bloomington schools of political economy. The fellowship is designed for PhD students with research or teaching interests that would benefit from a greater understanding of key writings in political economy. Fellows must commit to traveling for colloquia during the academic year, including three weekends and one week in residence at George Mason University. The fellowship covers travel and lodging expenses for attending the colloquia along with the stipend.