Abstract
Recent theoretical results demonstrate that a phenotypic version of Wright's shifting balance theory generates the dynamical pattern of punctuated equilibria. Thus, classical mechanisms of random genetic drift and selection for multiple adaptive peaks produce geologically long periods of relative stasis interrupted occasionally by very brief intervals of rapid change. A simple extension of this theory is made here to encompass developmental constraints between quantitative characters, manifested as phenotypic and genetic correlations between characters. Developmental constraints do not qualitatively alter the dynamical pattern of phenotypic evolution produced by selection and random genetic drift. A quantitative definition of stasis is proposed, based on a common taxonomic practice for recognizing subspecies. From this it is concluded that stasis is not the rule for quantitative measurements of detailed sequences for fossil species throughout most of their existence. Instead, periods of relative stasis are interspersed with gradual fluctuating trends, short intervals of rapid change, and discontinuities of subspecific magnitude.