Applied History, Applied Economics, and Economic History

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As a new field of academic enquiry, applied history has a unique opportunity to learn lessons from other applied fields. In this essay, we set out how we think applied historians can learn from the mistakes of applied economists and economic policymakers in their use, and abuse, of economic theory and economic history. What we call here the “New Applied History” has the potential to improve the way policymaking is conducted. But only if its practitioners understand the power, and limitations, of theory. We apply our ideas to the case of budgetary policymaking in the United States.
Original languageEnglish
Pages (from-to)28-41
JournalJournal of Applied History
Issue number1-2
Early online date10 Dec 2019
Publication statusPublished - 08 Jun 2020


  • applied history


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