The Prize was not awarded in 1932. In 1933, the Nobel Peace Prize was awarded to Norman Angell, of the United Kingdom, for authoring The Great Illusion (1909) and for being a supporter of the League of Nations as well as an influential publicist and educator for peace in general. You can read the book online; Angell refutes the belief that military power results in greater wealth and instead proposes that advanced economies based on trade and contract law can only generate value in the absence of military upset. War, he claimed, destroys any wealth that conquerors may have wanted to obtain, making the whole enterprise pointless.
The Nobel Peace Prize is one of the five Nobel Prizes created by the Swedish industrialist, inventor, and armaments manufacturer Alfred Nobel. Since 1901 it has been awarded annually (with some exceptions) to those who have “done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses” Over the next few months we’ll be introducing you to the past Nobel laureates, leading up to the award of the 2016 prize in October.
