In Bible and Interpretation, a new essay by NPL you’ll want to read.
Now, to claim that memory includes genuine historical recollection is to repeat the arguments of past scholarship. What was true in the criticism of the historical value of oral tradition is just as valuable when it comes to memory studies. It is an illusion to believe that memory, a.k.a. oral tradition in early societies, preserves much of interest for the historians studying the past history of such societies.