Nobel season is here: Five things to know about the prizes | Explainer News

The Nobel Peace Prize is awarded in Norway, while other prizes such as literature and economics are awarded in Sweden.

The beginning of October means Nobel season. Within six days, the names of the six prize winners will be announced from around the world, leading to a number of new faces being added to the list of scientists, writers, economists and scientists. the world’s most elite human rights leader.

This year’s Nobel season kicks off on Monday with the prize in medicine, followed by daily announcements: physics on Tuesday, chemistry on Wednesday and literature on Thursday. 2022 Nobel Peace Prize will be announced on Friday and the economic prize on 10/10.

Here are five other things to know about coveted prizes:

Who created the Nobel Prizes?

  • The prizes for medicine, physics, chemistry, literature and peace were established by the will of Alfred Nobel, a wealthy Swedish industrialist and inventor of dynamite. The first prizes were awarded in 1901, five years after Nobel’s death.
  • Each prize is worth 10 million kronor (nearly $900,000) and will be awarded with a diploma and a gold medal on December 10 – the date of Nobel’s death in 1896.
  • The economics prize – officially known as the Bank of Sweden Prize in Economic Sciences in memory of Alfred Nobel – was created not by Nobel but by the central bank of Sweden in 1968.
  • From 1901 to 2021, the Nobel Prize and the prize in economic sciences were awarded 609 times.

Who knows who will win and why?

  • Nobel regulations forbade judges from discussing their deliberations for 50 years. So it will probably be a while before we know for sure how the judges make their picks for 2022 and who is on their shortlist.
  • The judges try their best to avoid giving hints about the winners before the announcement, but sometimes the word comes out. Bookmakers in Europe sometimes offer odds on possible peace laureates and literary Nobel laureates.
    INTERACT- Nobel Prize Winner Country
    (Al Jazeera)

Who can nominate a candidate?

  • Thousands of people around the world are eligible to submit nominations for the Nobel Prize.
  • They include university professors, legislators, previous Nobel laureates and the committee members themselves.
  • Although nominations are kept secret for 50 years, those who submit them sometimes publish their proposals publicly, especially for the Nobel Peace Prize.

What about the Norwegian connection?

  • The Nobel Peace Prize is awarded in Norway while the others are awarded in Sweden. That’s how Alfred Nobel wanted it.
  • His exact reasons are unclear, but during his lifetime, Sweden and Norway entered into an alliance, which was dissolved in 1905. At times relations became strained between the Nobel Foundation and the Nobel Foundation. in Stockholm, which administers the bounty and the fiercely independent peace awards committee in Oslo.

What does it take to win a Nobel Prize?

  • Patience, for one. Scientists often have to waiting for decades for their work to be recognized by the Nobel judges, who want to ensure that any breakthrough stands the test of time.
  • It was a departure from Nobel’s will, which stated that the prize should go to “those who, in the preceding year, would be of greatest benefit to mankind”. The Peace Prize Committee is the only body that regularly rewards achievements in the previous year.
  • According to Nobel’s wishes, that prize should be given to “the person who will do the most or the best work for the brotherhood of nations, for the abolition or reduction of the standing army, for the organization and promote peace congresses”.
    INTERACT- Nobel Prize Category
    (Al Jazeera)


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