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"In A Theory of Accumulation and Secular Stagnation ... Daniel Aronoff intelligently looks back to the works of early 19th-century 'classical growth' economist Thomas Malthus. ... Aronoff does a laudable job of showing how Malthus's theories might apply to the current economic environment. ... as investors continue to evaluate potential implications for zero and negative interest rates, weak capital spending, and deflationary pressure, they will find it useful to include Malthus's theory of accumulation as part of their mental models." (Todd Wenning, CFA Institute, cfapubs.org, Vol. 11 (1), 2016)