PMC$_infty$: Infinite-Order Scale-Setting using the Principle of Maximum Conformality, A Remarkably Efficient Method for Eliminating Renormalization Scale Ambiguities for Perturbative QCD

We identify a property of renormalizable SU(N)/U(1) gauge theories, the intrinsic Conformality ($iCF$), which underlies the scale invariance of physical observables and leads to a remarkably efficient method to solve the conventional renormalization scale ambiguity at every order in pQCD: the PMC$_infty$. This new method reflects the underlying conformal properties displayed by pQCD at NNLO, eliminates the scheme dependence of pQCD predictions and is consistent with the general properties of the PMC (Principle of Maximum Conformality). We introduce a new method to identify conformal and $beta$-terms which can be applied either to numerical or to theoretical calculations. We illustrate the PMC$_infty$ for the thrust and C-parameter distributions in $e^+ e^-$ annihilation and then we show how to apply this new method to general observables in QCD. We point out how the implementation of the PMC$_infty$ can significantly improve the precision of pQCD predictions; its implementation in multi-loop analysis also simplifies the calculation of higher orders corrections in a general renormalizable gauge theory.