Walter Falcon was former deputy director of the Center on Food Security and the Environment, former director of the Freeman Spogli Institute for International Studies, and Farnsworth professor of International Agricultural Policy and Economics at Stanford University (Emeritus). He died on August 2, 2023. Read his obituary here.

In 1972, Falcon moved from Harvard University to Stanford University's Food Research Institute where he served as professor of economics and director until 1991. From 1991-1998, he directed the Freeman Spogli Institute for International Studies, and from 1998-2007 he co-directed the Center for Environmental Science and Policy. He also served as senior associate dean for the social sciences, a member of the academic senate, and twice a member of the University's Advisory Board.

Falcon consulted with numerous international organizations, and had been a trustee of Winrock International and chairman of the board of the International Rice Research Institute (IRRI) and the International Center for Wheat and Maize Improvement (CIMMYT). Falcon became a Fellow of the American Association for the Advancement of Science in 1991. Falcon was cited as the outstanding 1958 graduate of Iowa State University in 1989 and in 1992 he was awarded the prestigious Bintang Jasa Utama medal of merit by the government of Indonesia for twenty-five years of assistance with that country's development effort. His recent co-authored papers have analyzed the effects of El Nino on Asian agriculture; Mexican agricultural policy; food price volatility; and biofuels.

Falcon received a BS in Agricultural Economics at Iowa State University in 1958, an MA in Economics at Harvard University in 1960, and a PhD in Economics from Harvard University in 1962.