Paleontologists Douglas Erwin and James Valentine exposed this problem in 1987 in a seminal paper titled “Interpreting Great Developmental Experiments: The Fossil Record.”20 They questioned the ability of both of the main evolutionary theories of the time—punctuated equilibrium and neo-Darwinism—to explain the pattern of fossil appearance in the Precambrian–Cambrian fossil record.21 Clearly, neo-Darwinism does not explain this pattern. But, as Valentine and Erwin argue, neither does punctuated equilibrium. As they conclude, the mechanism of species selection requires a large pool of species
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