This review covers several topics involving renormalization group ideas. The solution of the
s-wave Kondo Hamiltonian, describing a single magnetic impurity in a nonmagnetic metal, is explained in detail. See Secs. VII-IX. "Block spin" methods, applied to the two dimensional Ising model, are explained in Sec. VI. The first three sections give a relatively short review of basic renormalization group ideas, mainly in the context of critical phenomena. The relationship of the modern renormalization group to the older problems of divergences in statistical mechanics and field theory and field theoretic renormalization is discussed in Sec. IV. In Sec. V the special case of "marginal variables" is discussed in detail, along with the relationship of the modern renormalization group to its original formulation by Gell-Mann and Low and others.
Although originally thought to show great promise in solving quantum many-body problems on a lattice, numerical real-space renormalization-group techniques have had little success for such problems. We explore the nature of the difficulties involved by studying the applicaton of the method to the simple tight-binding model in one dimension. The standard approach fails dramatically for this model. We show that the key to successfully applying the renormalization-group technique lies in applying a variety of boundary conditions to a block in order to simulate the effect of neighboring blocks.