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Frank Walter Paish, 1898-1988, was educated at Winchester College and Trinity College, Cambridge. He worked for the Standard Bank of South Africa Ltd, in London and South Africa, 1921-1932. From 1931 to 1938 he was a Lecturer at the London School of Economics, 1932-1938. Paish was a Reader, 1938-1949, and later became Professor of Economics (with special reference to Business Finance), 1949-1965. He was made an Honorary Fellow in 1970. Paish was also Secretary of the London and Cambridge Economic Service, 1932-1941, and 1945-1949, and Editor, 1947-1949. From 1941 to 1945 Piash was Deputy-Director of Programmes at the Ministry of Aircraft Production. He was also Consultant on Economic Affairs for Lloyds Bank Ltd, 1965-1970. His publications include: The Post-War Financial Problem and Other Essays (1950); Business Finance (1953); Studies in an Inflationary Economy (1962); Long-term and Short-term Interest Rates in the United Kingdom (1966); How the Economy Works and Other Essays (1970); The Rise and Fall of Incomes Policy (1969).