Maybe there should be some type of strike rules. Say 3 bad articles from any institution and they get 10 year ban. Whatever their prestige or monetary value is. You let people under your name to release bad articles you are out for a while.
Treat everyone equally. After 10 years of only quality you get chance to get back. Before that though luck.
I'm not sure everyone got my hint that the proposal is obviously very bad,
(1) because ivy league also produces a lot of work that's not so great (i.e. wrong (looking at you, Ariely) or un-ambitious) and
(2) because from time to time, some really important work comes out of surprising places.
I don't think we have a good verdict on the Orthega hypothesis yet, but I'm not a professional meta scientist.
That said, your proposal seems like a really good idea, I like it! Except I'd apply it to individuals and/or labs.