This workshop works through Diminishing Returns, the landmark volume edited by Lucio Baccaro, Mark Blyth and Jonas Pontusson. You will begin with the growth models approach and its break with the Varieties of Capitalism tradition, shifting the focus from firms and institutions to the sources of demand that drive growth. You will then explore national and regional cases, from export-led Germany and consumption-led Britain and the United States to the eurozone, China and Central and Eastern Europe, before examining balanced Sweden, stagnant Southern Europe and the role of global capital and finance. The final seminar turns to politics, asking how parties, austerity, welfare states, unions and employers shape and sustain each model. Throughout, you will learn to connect macroeconomic structures to the coalitions behind them.