The all-orders beta function is used to study disordered Dirac fermions in
2D. The generic strong coupling fixed `points' of anisotropic current-current
interactions at large distances are actually isotropic manifolds corresponding
to subalgebras of the maximal current algebra at short distances. The IR
theories are argued to be current algebra cosets. We illustrate this with the
simple example of anisotropic su(2), which is the physics of
Kosterlitz-Thouless transitions. We work out the phase diagram for the
Chalker-Coddington network model which is in the universality class of the
integer Quantum Hall transition. One massless phase is in the universality
class of dense polymers.Comment: published version (Phys. Rev. B