Whether it's the U.S. and China, the EU, or any other country, negotiating tariffs always involves game theory and the prisoners' dilemma.
Connecting economics, current events, and history, this week's economic news roundup ranges from pink tariffs to Starbucks wait times.
As our May e-links begin, we start with coffee physics and how a college professor used his research to make a better brew.
As one tariff spreads through a whiskey supply chain, it becomes much more than a single tax as it hits hundreds of people and businesses.
Knowing the psychology of the queue, Starbucks's new CEO selected shorter wait times as part of his turnaround initiative.
Knowing the massive number of people that depend on goverrnment spending, we can see why cutting the budget will be tough.
Reflecting pink tariffs, on items that range from jackets to underwear, the average tax rate is higher for men's imports than women's.