Adam Ozimek suggests yes here. He points out important flaws in the arguments in favour of investing resources in teaching history.
Being taught history doesn’t make you better voters unless you remember that history. I’m not going to go down the litany of things that huge percentage of Americans incorrectly believe about history, instead I’ll just give one prominent example. How many hundreds of millions of dollars to we spend each year teaching kids about the Civil War, and still 42% of people don’t know we fought it over slavery?
He makes a good point, although I would say that the solution is to increase the effective of historical education, not to eliminate it.
The Past Speaks 