Why do we care so much about the Nobel Prize?

Mario Tama/Getty ImagesWithout taking anything away from former Finnish President Martti Ahtisaari, who was awarded the Nobel Peace Prize today for his work as an “outstanding international mediator” in conflicts from Indonesia to Northern Ireland, the entire institution of the Nobel Committee has grown so self-important that this is a worthwhile opportunity to question its judgment and ultimately its usefulness.The 1973 Peace Prize, awarded to then-Secretary of State Henry Kissinger and Vietnamese negotiator Le Duc Tho for their role in the Paris Peace Accords, remains a head-scratcher. Kissinger played a major role in expanding the U.S. bombing campaign across Vietnam, Cambodia and Laos, while Tho’s government would soon violate the Accords by launching a military invasion of South Vietnam that culminated in the 1975 fall... [read full story]