Citation: Jones, Vaughan FR. "Index for subfactors." Inventiones mathematicae 72.1 (1983): 1-25.
Web: https://link.springer.com/article/10.1007/BF01389127
Tags: Foundational, Mathematical, Hadamard-matrices
This is the paper which introduces the notion of a subfactor, and shows that it takes its characteristic discrete-then-continuous set of values.
This is a foundational paper for a lot of reasons, and it sparked a lot of interest in subfactors. It is this paper which noticed the connection between Temperley-Lieb-Jones algebras and subfactors. TLJ algebras were introduced in
> Temperley, Harold NV, and Elliott H. Lieb. "Relations between the 'percolation' and 'colouring' problem and other graph-theoretical problems associated with regular planar lattices: some exact results for the 'percolation’problem." Condensed Matter Physics and Exactly Soluble Models: Selecta of Elliott H. Lieb (2004): 475-504.
A nice discussion of the relevance of this paper is found on MathOverflow, here.
There's a nice immediate connection between factors and modular tensor categories. The non-degeneracy condition on an MTC says that there are no transparent particles - everybody commutes non-trivially with somebody. The factor condition on a von Neumann algebra says that every operator in the algebra must commute non-trivially with somebody. Really, these are the same condition!