The histories interpretation provides a consistent realistic ontology for quantum mechanics, based on two main ideas. First, a logic is employed which is compatible with the Hilbert-space structure of quantum mechanics as understood by von Neumann: quantum properties and their negations correspond to subspaces and their orthogonal complements. It employs a special syntactical rule to construct meaningful quantum expressions, quite different from the quantum logic of Birkhoff and von Neumann. Second, quantum time development is treated as an inherently stochastic process (...) under all circumstances, not just when measurements take place. The time-dependent Schrödinger equation provides probabilities, not a deterministic time development of the world.The resulting interpretive framework has no measurement problem and can be used to analyze in quantum terms what is going on before, after, and during physical preparation and measurement processes. In particular, appropriate measurements can reveal quantum properties possessed by the measured system before the measurement took place. There are no mysterious superluminal influences: quantum systems satisfy an appropriate form of Einstein locality.This ontology provides a satisfactory foundation for quantum information theory, since it supplies definite answers as to what the information is about. The formalism of classical information theory applies without change in suitable quantum contexts, and this suggests the way in which quantum information theory extends beyond its classical counterpart. (shrink)