TWO POPULATIONS OF PHANEROZOIC EXTINCTION EVENTS
The history of taxonomic turnover underlying the observed first and last appearances was assessed with a maximum likelihood method that jointly estimates rates of origination, extinction, and sampling. The results suggest many fewer intervals of major taxonomic turnover than would be implied by a literal reading of the raw data on first and last appearances. The frequency distribution of event sizes is highly skewed with near-zero extinction rates most common. There seem to be two populations of events after all. Rather than background versus mass extinction events, however, these two populations represent extreme quiescence on the one hand and detectable turnover on the other hand. The history of animal life is better characterized by even longer periods of boredom and shorter intervals of terror than previously thought.