The Falcon is the nickname for two fictional detectives. Drexel Drake created Michael Waring, alias the Falcon, a freelance investigator and troubleshooter, in his 1936 novel, The Falcon's Prey. It was followed by two more novels – The Falcon Cuts In, 1937, and The Falcon Meets a Lady, 1938 – and a 1938 short story. Michael Arlen created Gay Stanhope Falcon in 1940. This Falcon made his first appearance in Arlen's short story "Gay Falcon", which was originally published in 1940 in Town & Country magazine. The story opens with the words "Now of this man who called himself Gay Falcon many tales are told, and this is one of them." Arlen's Falcon is characterized as a freelance adventurer and troubleshooter – a man who makes his living "keeping his mouth shut and engaging in dangerous enterprises."

Michael Arlen was an essayist, short story writer, novelist, playwright, and scriptwriter. He had his greatest successes in the 1920s while living and writing in England, publishing the best-selling novel The Green Hat in 1924. Arlen is most famous for his satirical romances set in English smart society, but he also wrote gothic horror and psychological thrillers, for instance "The Gentleman from America", which was filmed in 1948 as The Fatal Night, and again in 1956 as a television episode for Alfred Hitchcock's TV series Alfred Hitchcock Presents. Near the end of his life, Arlen mainly occupied himself with political writing. Arlen's vivid but colloquial style "with unusual inversions and inflections with a heightened exotic pitch" came to be known as 'Arlenesque'.