Prize, which has been postponed this year, is often awarded at late stage of writer’s career, when they no longer really need it
The Nobel prize in literature, which was postponed on Friday following a sex assault scandal, has always been an anomaly among the family of awards established in 1895 by the will of the Swedish chemist and armaments manufacturer Alfred Nobel.
The peace prize makes a statement about the state of the world, and the economics, science and medical prizes bring attention to often epoch-making work, giving kudos to the institutions that produced it as well as to the individual winners, but the literature award is a vanity bauble often awarded at a stage of a writer’s career when they no longer really need it.
Related: Nobel prize in literature 2018 cancelled after sexual assault scandal
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