Back to the future: How economic history can gain more relevance by abandoning modernization thinking

Economic history has built a solid scientific foundation over the past decades but runs a risk of becoming marginalized. This paper suggests various ways to enhance its academic and societal relevance. It proposes taking pressing societal issues as clear starting points and using history as a ‘laboratory’ to address them. To effectively do so, a sharper focus on the social and environmental contexts of economic development would be needed. This may be furthered by closer involvement in multidisciplinary teams, where economic historians would bring in the chronological dimension, making use of their historical skills. Relevance will also be increased by abandoning modernization thinking. This would encourage more openness to processes of contestation, reversal, and divergencies, and more fully using the research opportunities offered by periods further back in time and all across the globe, not because these are different from the ‘modern’, Western situation but because they are relevant as sources of knowledge in themselves – knowledge that may be vital in light of the grave challenges present societies are facing.