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Douglass C. North received the 1993 Nobel Prize in Economics for his work applying economic theory and statistical methods to the study of history.
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Through the funding of Swedish industrialist Alfred Nobel, the world's most renowned prize series was born; historically, Nobel Prizes have been awarded to individuals who confer "the greatest benefit on mankind." Examine this group to learn more about some of the world's most famous Nobel Prize winners, including Albert Einstein, Al Gore, Ernest Hemingway, Nelson Mandela, Martin Luther King Jr. and Barack Obama.
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