Things to Know about the Nobel Prizes

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Things to Know about the Nobel Prizes
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The annual Nobel Prize announcements are almost over with five of the six awards unveiled so far by prize committees in Stockholm and Oslo.Imprisoned activist Narges Mohammadi won the Nobel Peace Prize on Friday for her campaign against the oppression of women and for human...

STOCKHOLM — The annual Nobel Prize announcements are almost over with five of the six awards unveiled so far by prize committees in Stockholm and Oslo.

Three U.S.-based researchers shared the chemistry prize on Wednesday for their study of quantum dots — tiny particles that can release very bright colored light and are used in electronics and medical imaging. The first Nobel Prizes were presented in 1901, five years after his death. In 1968, a sixth prize was created, for economics, by Sweden’s central bank. Though Nobel purists stress that the economics prize is technically not a Nobel Prize, it’s always presented together with the others.

The Nobel Prizes project an aura of being above the political fray, focused solely on the benefit of humanity. But the peace and literature awards, in particular, are sometimes accused of being politicized. Critics question whether winners are selected because their work is truly outstanding or because it aligns with the political preferences of the judges.

One reason the prizes are so famous is they come with a generous amount of cash. The Nobel Foundation, which administers the awards, raised the prize money by 10% this year to 11 million kronor . In addition to the money, the winners receive an 18-carat gold medal and diploma when they collect their Nobel Prizes at the award ceremonies in December.

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