ISIS and the economics of terrorism


Lunch and a discussion with Loretta Napoleoni

Loretta Napoleoni is the best selling author of Maonomics, Rogue Economics and Terror Incorporated. She is an economist and expert on terrorist financing, and advises several governments and international organizations on counter-terrorism and money laundering. As Chairman of the Countering Terrorism Financing group for the Club de Madrid, Napoleoni brought heads of state from around the world together to create a new strategy for combating the financing of terror networks.

Please join us as Loretta presents the issues raised in her new book, Islamic Phoenix: Islamic State and the Redrawing of the Middle East, the first major book to be published on ISIS. She will take us beyond the headlines and the Western media portrayal of ISIS to learn about the organization that is having massive success in nation-building and is redrawing international borders. In her book, Napoleoni traces the beginnings of IS to the war on terror, its evolving relationship with al-Qaeda, and its current status as the first official Caliphate in over a century. She details how modernity, pragmatism, and establishing strongholds in financially strategic regions as the basis for IS’s enormous success.

Watch her TED talk on the economics of terrorism.


Friday, June 19, 2015
     Time 11.45 am start — Lunch will be served
     Location Calgary Petroleum Club, Devonian Room, 319 5 Ave SW, Calgary, AB T2P 0L6


LORETTA NAPOLEONI is a regular media commentator for CNN, Sky and the BBC. She is among the few economists who predicted the credit crunch and the recession, and advises several banks on strategies to counter the current crisis. She was a Fulbright scholar at Johns Hopkins University’s Paul H. Nitze School of Advanced International Studies in Washington DC and a Rotary Scholar at the London School of Economics. She has a PhD in economics and a Masters of Philosophy in international relations and one in terrorism.

Loretta Napoleoni lectures regularly around the world. So far in 2015, she has addressed the Chief Executives Organization Global Leaders Forum in Venice; the Swedish Parliament in Stockholm; presented a TED talk in Budapest; and to the Canadian government, at the request of the Minister of Finance, to the House of Commons in April. Her task in Ottawa was to educate the Standing Committee on Finance on the economic impact of terrorism and best practices to address the issue of terrorist financing here in Canada and abroad.