I am currently reading a book titled “Theory and History” by Ludwig von Mises, an economists know for creating the Austrian school of thought. The book can be found here:http://mises.org/books/theoryhistory.pdf.
To Mises, the two lenses to viewing history are the individual and his ideas. Every historical event traces back to the roles and actions of the individual, specifically that “man had an idea”. If we ask why Hitler invaded Poland, the furthest we can reduce (i.e. simplify) our understanding to is that “because it was Hitler”. Through their actions, the course of events is determined and the circumstances that future generations face are partly shaped. Viewing history through groups of individual would be an oversimplification because,in the end, only individuals can think and act.
Ideas are important because they have the longest lasting impact. Ideas survive because they improve the human condition.
Through these two lenses, Mises draws a few conclusions about the usefulness of historical study. First, since history is made up of multiple individuals, facts can't be established (like they are in a science).Historians borrow their inferences from modes of human action, and according to Mises economics is the field that best adduces these modes of human action. Since history can't provide facts, they must rely on theory for interpretation. The only knowledge we can derive from history is the differences between events and the effects that historical events can have.
Mises also believes history is not capable of predicting the future. In fact, history can't be used to comment on current policies. History may be used to make predictions based on the past, but conditions are always changing. Circumstances have never been constant, and if they ever have been then historians would not be able to distinguish between historical events. On the history's prediction power, Mises cites his own book, Planning for Freedom pages 163 to 169.
Mises's writings bring a few questions to mind:
- Why do we study history?
- Does history provide us with little knowledge as Mises insists?
- How should we study history? Through the individual? Other methods?
- Does history rely too much on theory? Can it develop its own analytical framework?