1: How did Adam Smith’s writings affect global commerce and the formation of governments (Including the U.S. Constitution)? What did Adam Smith believe the role of government should be?

2: Give examples of how Smithian principles can be applied to the modern global economy as we adjust to the effects from the pandemic and prepare for higher inflation and political instability. In what ways could major world events (for example: Russia/Ukraine war, Chinese economic slowdown, North Korea nuclear weapons advancement) transform current global supply chains.