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TH*NK*NG
(the PRIZE)
by Fred
Cederholm
Economic Analysis
Column
Columnist, Baltimore
Chronicle & Sentinel
October 15, 2007
I’ve
been thinking about “the Prize.” Actually I’ve been thinking about
Alfred Nobel, dynamite, selections, global warming, and controversy.
Last Friday we learned that “former next President” Al Gore was
sharing the 2007 Nobel Peace Prize with the United Nation’s Intergovernmental
Panel on Climate Change, and the tax free $1.5 MILLION honoria of this
prize was to be split 50/50. Al Gore’s half would be donated to
further the work of his think-tank foundation, Alliance for Climate
Protection, of Palo Alto, California. International debate regarding
this 2007 selection began almost immediately.
You
see Alfred Bernhard Nobel (1833 – 1896) was a Swedish chemist,
engineer, and innovator. While Nobel was ultimately the holder of over
350 patents, he is most widely known for his fascination with explosives
as the “inventor” of dynamite. He discovered how the highly volatile
compound of nitroglycerine could be stabilized by combining it with diatomaceous
earth (and sawdust). He patented dynamite in 1867. In a later invention,
he combined nitroglycerine with gun cotton and created the even more
explosive gelignite –
blasting gelatin - which was patented in 1876. Whether these explosive
creations were invented solely for the peaceful uses of road, bridge,
tunnel construction, or quarrying is open to some question as Nobel also
bought the Borfors Iron Works in 1894 and was instrumental in
transforming it into the major cannon maker of its day.
Nobel’s
inventions made him both very wealthy and highly controversial. An
erroneous obituary in 1888 (8 years before his actual death) dubbed him
as “the merchant of death who enriched himself by finding more ways to
kill more people faster than ever before.” This apparently had a
devastatingly psychological impact on him because he re-wrote his will
in 1895, setting aside the bulk of his estate to establish the Prizes
which were to be awarded annually without distinction of nationality.
Three prizes were designated for achievement in the physical sciences,
chemistry, and medicine/ physiology; a fourth was designated for
literary work “in an ideal direction,” and the fifth was designated
for the person (or society) that renders the greatest service to the
cause of international fraternity – the Peace Prize.
The
method of selection was laid down in the will of this then millionaire
inventor of dynamite. While the other Nobel Prize winners are selected
by committees of experts in the respective/ various fields, and are
announced in Stockholm; the recipient of the Peace Prize is picked by a
five member committee chosen by the Norwegian parliament and is
announced in Oslo. Prizes awarded to leading scientists, and literary
figures are generally given to recipients being honored for an entire
career (or a signal achievement) which have stood the test of time.
Choosing the recipient of the Peace Prize, however, has become a major
political event. All the selections clearly reflect a European frame of
reference (and point of view) of what is currently important in the
broader scheme of things. Who should be singled out for acknowledgement
and the high honor reflects a Scandinavian/ European bias.
We
Americans should be content that one of our own countrymen was singled
out for honor and recognition this year. Whether one personally
subscribes to the theories that “global warming” is the basis for
our devolving climate changes is not the issue – THAT the ecosystems
of this lush little “blue planet” are delicate, and are in danger of
being forever damaged by our current behaviors, IS the issue!
Controversy
is nothing new to the Nobel Prizes, it happens every year when the
awards are announced in Stockholm and in Oslo. There are political
implications anytime someone is selected for global acknowledgement of
their work and achievements. The same can also be said for all (or any)
significant awards and prizes which are given out across the planet.
Jealousy is a human characteristic. While hosting the Oscar Awards one
year, comedian Bob Hope surveyed the audience and said: “I know what
is going through your heads; Please God, if it can’t be me, don’t
let it be …” Mumblings and grumblings begin as soon as we hear:
“May I have the envelope, please.” It’s the same way with the
Nobel Prizes. I’m Fred Cederholm and I’ve been thinking. You should
be thinking, too.

© 2007 Fred Cederholm
Editorial Archive
Contact
Information
Fred
Cederholm
Creston,
IL USA
Email
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