Founding | Troy University



Group picture of the check presented to the Sorrell College for the founding of the Manuel H. Johnson Center for Political Economy

Thanks to a $3.6 million gift from Manuel H. Johnson, the BB&T Charitable Foundation, and the Charles G. Koch Charitable Foundation, the Manuel H. Johnson Center for Political Economy was founded in 2010.  The Johnson Center supports the exploration of economic freedom and its role in promoting the economic well-being of people.  The center is built on the assumption that liberty is valuable in its own right and plays a crucial role in economic development.

The center's success depends on actively engaged students and scholars, and it is only made possible through the support of foundations and private individuals committed to advancing our understanding about the role free markets and capitalist institutions play in promoting prosperity.

Who Is Manuel H. Johnson?

Dr. Manuel H. JohnsonManuel H. Johnson was born and raised in Troy, AL.  He is a graduate of Troy University and earned his MS and PhD from Florida State University.

Dr. Johnson is cochairman and senior partner in the consulting firm of Johnson Smick International, Inc., which provides information services on economic and political policy changes that affect global financial markets. He came to this position from the Federal Reserve System, where he was vice chairman of the board of governors. Before that, he was assistant secretary of the treasury from 1982 to 1986 and deputy assistant secretary from 1981 to 1982. He was presented with the Treasury Department's Alexander Hamilton Award, its highest honor.

From 1977 to 1994, Dr. Johnson was a professor of economics at George Mason University, where he held the Koch Chair in International Economics.  Dr. Johnson has written or cowritten five books and more than 50 articles on political economy and public policy. He also edited a professional journal and served on two presidential commissions.

Dr. Manuel H. Johnson is the ideal namesake for this center.  Dr. Johnson is a graduate of Troy University and served as a member of the US Treasury Department and the Federal Reserve Board of Governors.  He is widely respected in business and academic circles, and he is a strong believer in the principles of economic freedom.