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Adam Smith's invisible hand as self-control mechanism of social structurestheory and applications /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Adam Smith's invisible hand as self-control mechanism of social structuresby Tadeusz Szuba.
Reminder of title:	theory and applications /
Author:	Szuba, Tadeusz M.
Published:	Cham :Springer International Publishing :2022.
Description:	xxi, 390 p. :ill. (chiefly color), digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Social control.
Online resource:	https://doi.org/10.1007/978-3-031-06256-8
ISBN:	9783031062568$q(electronic bk.)

Adam Smith's invisible hand as self-control mechanism of social structurestheory and applications /
Szuba, Tadeusz M.

Adam Smith's invisible hand as self-control mechanism of social structurestheory and applications /[electronic resource] :by Tadeusz Szuba. - Cham :Springer International Publishing :2022. - xxi, 390 p. :ill. (chiefly color), digital ;24 cm. - Lecture notes in networks and systems,v. 4772367-3389 ;. - Lecture notes in networks and systems ;v.1..

History of Adam Smith's Invisible Hand hypothesis -- circumstances of its origin and further development -- Importance of Invisible Hand phenomena for human social structures and markets - from interventionism to liberalism perspective -- Prominent scientific, macro-economy personalities and politicians as supporters and critics of the Invisible Hand idea.

This book shows how such a computational process functions, how great is its power and versatility, since it is possible to show how discoveries are made. In 1759, A. Smith realized that there must exist an additional powerful control mechanism behind Great Britain's authority and government, explaining the extraordinary successes of Great Britain. He called this the Invisible Hand. Despite having used this term only 3 times, the idea evokes extreme scientific and political emotions to this day. If we apply a molecular model of computation, such as in in Adleman's DNA computer, a computational model for the Invisible Hand can be built to show how it affects a society. It is a spontaneous, unconscious, distributed, noncontinuous computational process on the platform of minds of, e.g., people or ants. Knowing this mechanism, a future self-steering and self-optimization system for AI robot teams can be proposed, e.g., for construction sites and rescue operations.

ISBN: 9783031062568$q(electronic bk.)

Standard No.: 10.1007/978-3-031-06256-8doiSubjects--Topical Terms:

175614
Social control.

LC Class. No.: HM661

Dewey Class. No.: 303.33

Adam Smith's invisible hand as self-control mechanism of social structurestheory and applications /
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