Kahneman Awarded Presidential Medal of Freedom

President Obama awarded Daniel Kahneman, a Princeton psychologist known for his application of psychology to economic analysis, the Presidential Medal of Freedom.

The White House release Thursday naming Kahneman and other recipients notes that the Princeton University scholar, who shared the Nobel Price for Economics in 2002, escaped Nazi Europe and served in the Israeli army.

Among the 16 people receiving the award this year are Gloria Steinem, the feminist pioneer, and the late Sen. Daniel Inouye (D-Hawaii), who was for decades a pro-Israel leader in Congress.

The awards will be presented later this year.

The Presidential Medal of Freedom, established by President John Kennedy in 1963, is with the Congressional Gold Medal the highest civilian honor in the United States.