I think you are being too literal. I interpreted Eliezer as saying that the obstacles to good large institutions are so great, that most of them never get off the ground. The rest of the post mentions some of the explanations for and implications of this fact.
(Completely rewritten comment to be more polite and helpful)
I think you are being too literal. I interpreted Eliezer as saying that the obstacles to good large institutions are so great, that most of them never get off the ground. The rest of the post mentions some of the explanations for and implications of this fact. (Completely rewritten comment to be more polite and helpful)