Nobel Prize: 2016

Alfred Nobel (1833-1896) Established the Nobel Prizes “for the Greatest Benefit to Mankind” Since 1901, the Nobel Prize has been honoring men and women from all corners of the globe for outstanding achievements in physics, chemistry, physiology or medicine, Economics, literature, and for work in peace. The foundations for the prize were laid in 1895 when Alfred Nobel wrote his last will, leaving much of his wealth to the establishment of the Nobel Prize. 

2016, Nobel Prize winners are:
Two U.S-based economists, Oliver Hart (U.K) of Harvard University and Bengt Holmstrom (Finland) of MIT have been awarded the ‘Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel’ for their contributions to contract theory.

Colombian President Juan Manuel Santos has been awarded the Nobel Peace Prize for his efforts to end the 52-year conflict with left-wing rebels. The Nobel committee in Norway praised him for his peace agreement with FARC rebels, signed last month after four years of negotiations.
Japan’s Yoshinori Ohsumi, a cell biologist specializing in autophagy, has received the 2016 Noble Prize for Medicine. He has received the award “for his discoveries of mechanisms for autophagy”. Ohsumi is a professor in Tokyo Institute of Technology ‘s Frontier Research Center.
The 2016 Nobel Prize in physics was awarded to three physicists who used advanced mathematical methods to study exotic states of matter. The prize goes jointly to David J. Thouless of the University of Washington in Seattle, F. Duncan M. Haldane of Princeton University in New Jersey, and J. Michael Kosterlitz of Brown University in Rhode Island. The three physicists discovered a mathematical framework in the field of topography, to explain unexpected properties of solid materials.

The Nobel Prize in Chemistry for 2016 has been awarded to Jean-Pierre Sauvage, Sir J. Fraser Stoddart and Bernard L. Feringa for developing the molecular machine. The three scientists will equally share the prize of 8 million Swedish kronor, or about $930,000.


American singer-songwriter Bob Dylan has been awarded the Nobel Prize in Literature 2016 “for having created new poetic expressions. within the great American song tradition”. Dylan, 75, has won numerous awards, including twelve Grammys and one Academy Award.


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