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Born in Monkwearmouth, Sunderland, Wallas was educated at Shrewsbury School and Corpus Christi College, Oxford. It was at Oxford that Wallas abandoned religion and converted to rationalism. He taught at Highgate School until 1885, when he resigned rather than participate in communion, and was President of the Rationalist Press Association.
Wallas joined the Fabian Society in April 1886, following his acquaintances Sidney Webb and George Bernard Shaw. He was to resign in 1904 in protest at Fabian support for Joseph Chamberlain's tariff policy.
He lectured at the newly-founded London School of Economics from 1895.
- Property Under Socialism (1889)
- Human Nature in Politics (1908)
- The Great Society (1914)
- Our Social Heritage (1921)
- The Art of Thought (1926)
- Martin Wiener, Between two worlds : The political thought of Graham Wallas, Oxford: Clarendon Press, 1971.