Colleagues: Yuichi Shionoya, in ECONOMY AND MORALITY: THE PHILOSOPHY OF THE WELFARE STATE, sets out three stages of which I had not thought: the achievement of negative liberalism in the form of private property rights in the revolutions that formally ended feudalism in the late seventeenth century and the eighteenth century; the achievement of the independence of the private sector and efficiency with utilitarianism and laissez-faire about the middle of the nineteenth century; the achievement of economic egalitiarian rights with the advent of the welfare state some time about the middle of the twentieth century. Of course there are also the stages from gathering, agriculture, commerce, manufacturing, finance, (and information ?)' Then one could run through the sequence of so-called industrial revolutions, or the sequence of broad technologies such as the Age of Sail, the Canal Era, the Railway Epoch, the Internal Combustion Engine and the Electric Dynamo, and the Time of Telematics. One could also construct stages based on the institutional form of the firm, that is, the agent of exchange and productive activity, from medieval guilds and the great mercantilist trading companies to the transnational manufacturing corporation. What are you looking for? Robin Neill