1.1 – Fixing Business Frictions At Scale

“Every morning when I wake up, I make up my mind to solve as many problems, before retiring home.” – Aliko Dangote Since Adam Smith wrote his classic, in 1776, the Wealth of Nations, to upend the mercantilist system and set forward the basic foundations for modern classical economics, we have seen corporations come and go. The core pillars of productivity, and division of labour, have remained the tenets in the organization of firms which have succeeded in their missions of fixing market frictions. Across industrial sectors and market geographies, a free market system has provided the cement mortars for firms and…