Adam Smith’s Invisible Hand as Self-control Mechanism of Social Structures

Tadeusz Szuba is an associate professor at UPJP2 Univ. Cracow, Poland. He began research on AI in 1979 with his doctorate. Since 1986, he intensively utilizes modern computer graphics to visualize his AI research projects. This required acquiring a great deal of theoretical and practical experience in computer graphics. As a result, his teaching domain is animated 3D graphics, while he currently conducts research in the area of collective intelligence. In 2001, he published a world’s first monograph on Computational Collective Intelligence: Szuba T. Computational Collective Intelligence, Wiley & Sons NY, 2001. The presented monograph is therefore a continuation and aims to comprehensively present the problem of Adam Smith's Invisible Hand as the highest (in the sense of controlling power) form of collective intelligence.

• 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.