The Panmure House Prize is an annual award of US$75,000 supporting academic research that explores the relationship between long-term thinking and radical innovation.
Administrated in partnership with FCLTGlobal, and supported by Baillie Gifford, the Panmure House Prize is open to academics from all disciplines, at any career stage, and from anywhere in the world. The Prize recognises scholars whose work has the potential to create meaningful, lasting impact — reflecting Adam Smith’s belief in evidence-based inquiry.
We actively encourage applications from researchers across the sciences, social sciences, humanities, arts, and interdisciplinary fields. You do not need to be an economist or work directly on Adam Smith to apply.
How to Apply
Details on how to apply can be found via the submission space.
Applications for the 2026 Panmure House Prize open in February and close 17:00 BST Tuesday 28 April 2026.
Labour alone […] never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only.
The Wealth Of Nations, Book I, Chapter V