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This is a kind of continuation of the dispute I had with @A. Neumaier. According to one view, QFT of the Standard Model should fundamentally be viewed as a continuous theory, while the UV cutoff is just an auxiliary tool that eventually should be put to infinity. According to another view, the UV cutoff is a fundamental finite parameter of the theory. The latter point of view seems particularly convincing for QCD, not only because QCD on the lattice makes fine results, but also because there is a ##\Lambda_{\rm QCD}## that seems closely related to the UV cutoff ##\Lambda_{\rm UV}##. Tong, in his lectures http://www.damtp.cam.ac.uk/user/tong/gaugetheory/2ym.pdf page 63, says this:
"Quantum field theories are not defined only by their classical action alone, but also by the cut-off ##\Lambda_{\rm UV}## . Although we might like to think of this cut-off as merely a crutch, and not something physical, this is misleading. It is not something we can do without. And it this cut-off which evolves to the physical scale ##\Lambda_{\rm QCD}##."
What's your take on this?
"Quantum field theories are not defined only by their classical action alone, but also by the cut-off ##\Lambda_{\rm UV}## . Although we might like to think of this cut-off as merely a crutch, and not something physical, this is misleading. It is not something we can do without. And it this cut-off which evolves to the physical scale ##\Lambda_{\rm QCD}##."
What's your take on this?