NOBEL PRIZE IN ECONOMICS TO BE AWARDED IN STOCKHOLM

News Desk World

Mon 11 October 2021:

In the last announcement of this year’s honors, the Nobel Prize in Economics for 2021 will be awarded on Monday.

Last year’s economics award went to two Stanford University economists, Paul Milgrom and Robert Wilson, who worked out how to improve the efficiency of auctions.

The economics prize will be presented at the Royal Swedish Academy of Sciences in Stockholm at 11:45 CEST.

The Swedish central bank (Sveriges Riksbank) established this medal in remembrance of Nobel Prize founder Alfred Nobel, and it is always the last of the six to be awarded. In 1969, the inaugural prize was given out.

NOBEL PEACE PRIZE AWARDED TO JOURNALISTS DMITRY MURATOV AND MARIA RESSA

 

Last week, five Nobel Prizes were given out, including the Nobel Peace Prize, which was given out on Friday to two journalists, Maria Ressa and Dmitry Muratov, for creating independent reporting in the Philippines and Russia.

David Julius and Ardem Patapoutia were given the Nobel Prize in Physiology or Medicine on Monday for their work on how humans perceive heat, cold, and touch.

NOBEL PRIZE IN CHEMISTRY GOES TO DUO WHO DEVELOPED A TOOL FOR MOLECULE BUILDING

On Tuesday, the Nobel Prize in Physics was awarded to three scientists: Syukuro Manabe, Klaus Hasselmann, and Giorgio Parisi, for their contributions to our “understanding of complex systems.”

AMERICAN SCIENTISTS DAVID JULIUS, ARDEM PATAPOUTIAN WIN 2021 NOBEL PRIZE FOR PHYSIOLOGY OR MEDICINE

On Wednesday, German chemist Benjamin List and UK-born David MacMillan were jointly awarded the Nobel Prize in Chemistry for their work on asymmetric organocatalysis, which has helped to make “chemistry greener.”

ABDULRAZAK GURNAH OF TANZANIA WINS THE NOBEL PRIZE IN LITERATURE IN 2021

On Thursday, novelist Abdulrazak Gurnah was awarded the Nobel Prize in Literature “for his uncompromising and compassionate penetration of the effects of colonialism and the plight of the refugee in the gulf between cultures and continents.”

The story of the Nobel Peace Prize

The prize, which has been awarded 102 times since 1901, goes to a person or persons who has or have “done the most or the best work for fraternity between nations”.

In its history, the prize has gone to 25 organisations, 17 women and on two occasions been divided between three people. Only one recipient, Vietnamese statesman Le Duc Tho, has declined the accolade, which he shared with Henry Kissinger.

Last year’s prize went to the World Food Programme, which was established in 1961 at the behest of US President Dwight Eisenhower to fight hunger around the globe. The Rome-based UN agency was lauded for seeking to end starvation as “a weapon of war and conflict.”

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