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This brief paper discusses the nature of linguistic typology and its relationship to historical linguistics. It argues that typology includes a historical component, and historical linguistics includes a typological component, as grammaticalization studies can be said to be diachronic typology and some concepts such as markedness can be used in understanding the development of morphological systems, but the main foci differ in terms of synchronic vs. diachronic considerations. Typology can be of some help with understanding the direction of change in language, but it cannot be used as a standard for what is possible/impossible when we are doing reconstructions, and typological features cannot be used for establishing genetic relatedness.