The Prize in Economic Sciences in Memory of Alfred Nobel was established by Sweden’s central bank (Sveriges Riksbank) in 1968. The prize is based on a donation to the Nobel Foundation in 1968 from the central bank to mark the bank’s 300th anniversary. This prize is awarded by the Royal Swedish Academy of Sciences (Kungl. Vetenskapsakademien), following the same principles as the Nobel Prizes.
Prize-winning discoveries include X-rays, radioactivity and penicillin. Peace laureates include Nelson Mandela and the 14th Dalai Lama. Nobel Prize winners in literature have thrilled readers with works such as One Hundred Years of Solitude (Gabriel García Márquez) and The Grass is Singing (Doris Lessing).
For more information: https://sweden.se/work-business/study-research/the-swedish-nobel-prize
Credits: © Nobel Media AB 2015. Photo: Alexander Mahmoud