In the past two-dimensional models of QFT have served as theoretical
laboratories for testing new concepts under mathematically controllable
condition. In more recent times low-dimensional models (e.g. chiral models,
factorizing models) often have been treated by special recipes in a way which
sometimes led to a loss of unity of QFT. In the present work I try to
counteract this apartheid tendency by reviewing past results within the setting
of the general principles of QFT. To this I add two new ideas: (1) a modular
interpretation of the chiral model Diff(S)-covariance with a close connection
to the recently formulated local covariance principle for QFT in curved
spacetime and (2) a derivation of the chiral model temperature duality from a
suitable operator formulation of the angular Wick rotation (in analogy to the
Nelson-Symanzik duality in the Ostertwalder-Schrader setting) for rational
chiral theories. The SL(2,Z) modular Verlinde relation is a special case of
this thermal duality and (within the family of rational models) the matrix S
appearing in the thermal duality relation becomes identified with the
statistics character matrix S. The relevant angular Euclideanization'' is done
in the setting of the Tomita-Takesaki modular formalism of operator algebras.
I find it appropriate to dedicate this work to the memory of J. A. Swieca
with whom I shared the interest in two-dimensional models as a testing ground
for QFT for more than one decade.
This is a significantly extended version of an ``Encyclopedia of Mathematical
Physics'' contribution hep-th/0502125.Comment: 55 pages, removal of some typos in section