section_path: Theories/Free trade and interdependence
section_name: Free trade and interdependence
paragraph_text: Free trade and interdependence
  
  It was a central tenet of classical liberalism, for example among English liberal thinkers of the late 19th and early 20th century, that free trade promoted peace. For example, the Cambridge economist John Maynard Keynes (1883–1946) said that he was "brought up" on this idea and held it unquestioned until at least the 1920s. During the economic globalization in the decades leading up to World War I, writers such as Norman Angell argued that the growth of economic interdependence between the great powers made war between them futile and therefore unlikely. He made this argument in 1913. A year later Europe's economically interconnected states were embroiled in what would later become known as the First World War.