Nobel Peace Prize

The Nobel Peace Prize (Norwegian and Swedish: Nobels fredspris) is one of the five Nobel Prizes bequeathed by the Swedish industrialist, inventor, and armaments manufacturer Alfred Nobel, along with the prizes in Chemistry, Physics, Physiology or Medicine, and Literature. Since 1901, it has been awarded annually (with some exceptions) to those who have "done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses."

Per Alfred Nobel's will, the recipient is selected by the Norwegian Nobel Committee, a 5-member committee appointed by the Parliament of Norway. Since 1990, the prize is awarded on December 10 in Oslo City Hall each year. The prize was formerly awarded in the Atrium of the University of Oslo Faculty of Law (1947–89), the Norwegian Nobel Institute (1905–46) and the Parliament (1901–04).

Due to its political nature, the Nobel Peace Prize has for most of its history been the subject of controversies.

Read more about Nobel Peace Prize:  Background, Nomination and Selection, Awarding The Prize, Criticism

Famous quotes containing the words nobel, peace and/or prize:

    Parents can fail to cheer your successes as wildly as you expected, pointing out that you are sharing your Nobel Prize with a couple of other people, or that your Oscar was for supporting actress, not really for a starring role. More subtly, they can cheer your successes too wildly, forcing you into the awkward realization that your achievement of merely graduating or getting the promotion did not warrant the fireworks and brass band.
    Frank Pittman (20th century)

    Peace is normally a great good, and normally it coincides with righteousness, but it is righteousness and not peace which should bind the conscience of a nation as it should bind the conscience of an individual; and neither a nation nor an individual can surrender conscience to another’s keeping.
    Theodore Roosevelt (1858–1919)

    What we have we prize not to the worth
    Whiles we enjoy it, but being lacked and lost,
    Why, then we rack the value, then we find
    The virtue that possession would not show us
    Whiles it was ours.
    William Shakespeare (1564–1616)