The 94th annual meeting of the Southern Economic Association (SEA) took place in in Washington, D.C. from November 23 to 25, 2024. During the three-day event, participants presented certainly more than 1500 papers on virtually all topics currenntly of interest to economists. Laszlo Goerke, director of the IAAEU, presented joint work with Marco de Pinto and Alberto Palermo, former IAAEU staff members, and now working in Mannheim and London, respectively, on whether the equation Business Stealing + Economic Rent = Insufficient Entry holds. The paper will certainly benefit from the comments received by participants of the session in Washington. Moreover, it was possible to enhance the knowledge about the work of the institute in parts of the world in which the academic institutions located at the birthplace of Karl Marx are not very well known (yet).