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Jacques Drèze
Jacques H. Drèze is a Belgian economist noted for his contributions to economic theory, econometrics, and economic policy as well as for his leadership in the economics profession. Drèze was the first President of the European Economic Association in 1986 and was the President of the Econometric Society in 1970.
Jacques Drèze is also the father of five sons. One son is the economist, Jean Drèze, who is known for his work on poverty and hunger in India (some of which has been in collaboration with Amartya K. Sen); another son, Xavier Drèze, was professor of Marketing at UCLA.
==Contributions to economics==
Drèze's contributions to economics combine policy-relevance and mathematical techniques.
"Indeed, models basically play the same role in economics as in fashion: they provide an articulated frame on which to show off your material to advantage ...; a useful role, but fraught with the dangers that the designer may get carried away by his personal inclination for the model, while the customers may forget that the model is more streamlined than reality."〔
*JHD. "(Uncertainty and) The Firm in General Equilibrium Theory".'' The Economic Journal'', Vol. 95, Supplement: Conference Papers (1985), pp. 1-20.〕
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