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The world’s most coveted prize

Alfred Nobel’s namesake prizes, to be awarded once again on Dec. 10, are synonymous with the highest levels of human achievement. Are the judges usually right?

What makes the prize so prestigious?

The Nobel was humanity’s first truly international award. Winners join a unique club of just 705 laureates, chosen over the past century, including such Olympians as Albert Einstein, Martin Luther King Jr., Bertrand Russell, Marie Curie, Ivan Pavlov, and Winston Churchill. The weeklong festivities, in Stockholm, capped by a white-tie ceremony and banquet presided over by the king and queen of Sweden, are like something out of a royal fairy tale. The money isn’t bad either: This year, each prize is worth a record $1.32 million. The attention alone is overwhelming. “For one week,” said 1976 physics laureate Burton Richter, “you’re king of the world.”

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