Economics

History of the Nobel Prize

The History of the Nobel Prize

The Nobel Prize is a yearly award which is made available in a number of fields, including literature, peace and physics. It was devised by the Swedish inventor Alfred Nobel as a means to formally recognise the men and women who have made a significant contribution to cultural or scientific advancement. It is believed that Nobel was inspired to create ...

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Black Tuesday

Black Tuesday - The 1929 Stock Market Crash

The end of the Great War, now known as World War I, was the prelude to a decade of wealth and fun that came to be known as the Roaring 20s.  Even just five days before the stock market crash, Yale economist Irving Fisher commented that “The nation is marching along a permanently high plateau of prosperity.”  Little did he know ...

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