Aspects of Quantitative Research in Economic History

If we are successfully to relate our work with the main body of Economic History, we must be able to show the fundamental relationship between quantitative analysis and more conventional methods of economic historians. The historian reconstructs events of the past, and with them attempts to understand the institutions and modes of behavior associated with those events. He seeks to construct a consistent story revealing the fundamental nature and meaning to us of the past, thus creating insight into the past and understanding of it—something considerably beyond a mere account of what probably happened. However, this story must be based upon, and be consistent with, the reconstructed events of the past, “what probably happened.”