ISIL is not a juggernaut, according to a recent article in Politico by UC San Diego economics professor Eli Berman and associate professor Jacob Shapiro at Princeton, "Why ISIL Will Fail on Its Own". Oil revenues in particular are not sustainable:
Sign up for our newsletter—stay up-to-date with upcoming Panels, the latest Pulse, and more.
EconVue is a platform for independent economic experts offering individual insights into key markets around the world. Our contributors are the best in their fields, passionate about their subject matter, and singular in their track records.