This presupposes that you will always come up with an adequate design, and that you won't have to refactor this library of functions. For large enough systems, this is almost never the case. For sizeable systems in production, you will always come up against things you haven't thought of before.
Granted, proper factoring of your functions in the first place is going to help a lot. (Small composable functions.) However, if you claim that you can code such that you never ever have to change your mind about function signatures, never have to propagate changes across the system, even in large production systems, then you're either not seeing something, or you have some technique which you should be selling or basing a consulting practice around. (And/or, maybe I have something new to learn.)
EDIT: I have written projects in Clojure, including a multiplayer game server. This is the experience I'm basing this comment on.