(images by Getty)Moroccan born Israeli clothing designer for Lanvin, Albert Elbaz, unveiled a collection of greater depth and versatility on Friday evening in Paris than anything he has previouslypresented.
As the Wall Street Journal noted:
Mr. Elbaz has become more versatile as a designer the more years he has under his belt at
Lanvin. That was clear as he swerved from shiny trench coats to a gauzy veil of a dress
and a series of tightly-pleated skirts and frocks - beyond his old repertoire of day-to-night
dresses.Observing the evolution of a designer and artist from an economic perspective poses a unique setof challenges and opportunities.
It’s difﬁcult to dissect the work of artists using economic tools,as the discipline has traditionally been concerned with behavior in aggregate, not the behavior of the individual.
EconomistDavid Galensonis the only academic economist of note to studycreativity and innovation in the artistic marketplace.
His work focuses on the life cycles of artists, dividing them into two groups, Conceptual and Experimental Innovators.
The former,constituting those who, among other things, generate their greatest works early in their careers,and the latter, being those who produce their greatest works later in their careers. Using these andother of economics’ analytical tools provides a new opportunity to understand how creativeinnovation happens in the course of an artist’s life.