Nobel Prize season begins: Here's everything you need to know about it
Nobel Prize season. October marks the time when the Nobel committees convene in Stockholm and Oslo to unveil the recipients of these prestigious annual awards.
First in line, as is customary, is the Nobel Prize in medicine or physiology, set to be announced by a panel of judges at the Karolinska Institute in the Swedish capital on Monday.
Subsequently, the prizes in physics, chemistry, literature, peace, and economics will be disclosed, with one revelation each weekday until October 9.
The Nobel Prizes: A Concept More Potent than Dynamite The Nobel Prizes owe their existence to Alfred Nobel, a 19th-century Swedish businessman and chemist. Nobel, renowned for inventing dynamite, mixed nitroglycerine with a stabilizing compound, propelling the explosive into popularity within construction, mining, and the arms industry.
His wealth from this innovation likely spurred his contemplation of legacy. As he neared the end of his life, he decided to allocate his substantial fortune to fund annual awards for those who had significantly benefited humanity.
The inaugural Nobel Prizes were conferred in 1901, five years after Nobel's passing.
In 1968, the sixth prize, for economics, was introduced by Sweden's central bank, although purists emphasize that this isn't a true Nobel Prize, it is presented alongside the others.
Peace in Norway Alfred Nobel, for reasons not entirely clear, designated the peace prize to be awarded in Norway, while the remaining prizes are bestowed in Sweden. Speculation suggests Sweden's history of militarism may have influenced this choice.
During Nobel's lifetime, Sweden and Norway were in a union, albeit a reluctant one following Sweden's invasion of Norway in 1814. Nobel might have perceived Norway as
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