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Why a Nobel Nomination is utterly meaningless

We frequently encounter the honorific Nobel prize nominee, almost always referring to the Peace prize. But what does it really signify?

Why a Nobel Nomination is utterly meaningless
US Secretary of State and Nobel peace prize laureate Henry Kissinger, Egon Bahr and former Ambassador of the USSR in Bonn, Valentin Falin as peace talks begin, 1993. | Peter Kneffel/Press Association. All rights reserved.
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What does Nobel prize nominee signify? Answer: Absolutely nothing at all.

Whether you consider the Nobel Peace Prize the world's greatest honour or a worthless trinket after whatever pick you vehemently disagreed with, a nomination is not even the latter.

Quite a few restaurants have figured out that if you buy some leaf gold (it’s incredibly thin and so less expensive than you think), slap it on some unremarkable dish and name an insane price, you somehow get a ton of free media coverage.