We propose a model for a power-counting renormalizable field theory living in
a fractal spacetime. The action is Lorentz covariant and equipped with a
Stieltjes measure. The system flows, even in a classical sense, from an
ultraviolet regime where spacetime has Hausdorff dimension 2 to an infrared
limit coinciding with a standard D-dimensional field theory. We discuss the
properties of a scalar field model at classical and quantum level. Classically,
the field lives on a fractal which exchanges energy-momentum with the bulk of
integer topological dimension D. Although an observer experiences dissipation,
the total energy-momentum is conserved. The field spectrum is a continuum of
massive modes. The gravitational sector and Einstein equations are discussed in
detail, also on cosmological backgrounds. We find ultraviolet cosmological
solutions and comment on their implications for the early universe.Comment: 42 pages, 4 figures. v2: discussion improved