Timothy Besley is Professor of Economics and Political Science at the London School of Economics, and has served on the Bank of England's Monetary Policy Committee since September 2006. He previously taught at Princeton University, and is a Research Fellow at the Institute for Fiscal Studies, and the Centre for Economic Policy Research. His work focuses mainly on issues in development economics, public economics and political economy. He has published widely on a variety of topics, mainly with a policy focus. He has been a Co-Editor of the American Economic Review, and Editor of the Economic Journal. He currently serves on the editorial boards of numerous other professional journals. His professional honours include being a Fellow of the British Academy, a Fellow of the Econometric Society and a British Academy Research Reader. In 2005, he won the prestigious biannual Yrjö Jahnsson Award for his research. He was educated at Oxford University (BA in Philosophy, Politics and Economics, 1st, M.Phil and a D.Phil in Economics) where he became a Prize Fellow of All Souls College.