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 The program is designed for graduating college seniors who plan to enter doctoral programs in economics or an affiliated field (e.g., law and economics or economic history), and those enrolled in such programs for no longer than two years. Admission is awarded based on academic achievement, interest in current economic problems, plans for future study, and potential for success. We are particularly interested in students who aspire to teaching or other careers where they will have an impact on popular economic understanding.
During their four weeks in residence, Student Fellows participate in intensive seminars on property rights, scientific procedures of inquiry, sound money, and other topics. Assigned readings in these areas provide the basis for written assignments and seminar discussions. Seminar sessions are not conducted as formal lectures, but rather are structured to encourage a disciplined exchange of views. "The environment was free from outside distraction, got me involved in intellectual discussion, and pushed me to delve into a lot of philosophers and arguments which I never would have been exposed to"While in residence, Student Fellows receive room and board plus a $1,000 stipend. (We are unable to assist with travel expenses and visa arrangements or to accommodate friends or family members.) Those who successfully complete the program are invited to apply for in-absentia fellowships, which provide financial assistance to students enrolled in an accredited graduate-degree program in economics or an approved related field for the following academic year. In recent years, awards have averaged $5,000 per student. Student Fellows may reapply to the program as Returning Fellows. Returning Fellows are expected to attend the special lectures and seminars, to work on a project of their choosing and present their research to the students and researchers at AIER. Exceptional articles may be published in our Research Reports or Economic Bulletin, two AIER publications that are mailed monthly to more than 12,000 subscribers. In 2007, a total of 15 students were selected to attend the program, six during our first four-week session and nine during our second four-week session. Our applicants and attendees, described below, represented a wide range of undergraduate and graduate institutions both within the United States and around the world. Roy Anderson Foulke Graduate Scholarship The Foulke Foundation, in memory of Roy Anderson Foulke Jr., annually funds an award to the AIER Student Fellow or Fellows who demonstrate the highest potential for development as economic scientists dedicated to pursuing solutions to human problems in the tradition of AIER. We are pleased to announce that the 2007 award will be shared by Frank Fagan, Donato Latrofa, Charles Long and Benjamin Marx.
Roy Anderson Foulke, Jr. (1927-1999), a graduate of Bowdoin College and Stanford University (MBA), enjoyed a successful career in finance and industry, involving a variety of enterprises. Mr. Foulke’s service to AIER was extensive. As a long-time voting member, he was persistent in his commitment to the philosophy and long-term interests of the Institute. In 1978, he was the founding director of American Investment Services, Inc. and served as Chairman of the AIS Board of Directors for eight years.
Mr. Foulke was elected to the Board of Trustees of AIER in 1987, and served as that Board’s Chairman from 1994 until his death. His service to AIER followed a family tradition that began with his father, a close friend of Col. Harwood, who served as Chairman of the AIER Board of Trustees for six years. Mr. Foulke’s philanthropy was dedicated to promoting civilization, and his time and counsel to the search for solutions to human problems. Mr. Foulke’s commitment and dedication to his work will remain alive through this generous award. |
Download 2008 Summer Fellowship Newsletter
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