Minimal exactly solved model with the extreme Thouless effect.

We present and analyze a minimal exactly solved model that exhibits a mixed-order phase transition known in the literature as the Thouless effect. Such hybrid transitions do not fit into the modest classification of thermodynamic transitions and, as such, they used to be overlooked or incorrectly identified in the past. The recent series of observations of such transitions in many diverse systems suggest that a new taxonomy of phase transitions is needed. The spin model we present due to its simplicity and possible experimental designs could bring us to this goal. We find the Hamiltonian of the model from which partition function is easily calculated. Thermodynamic properties of the model, i.e., discontinuous magnetization and diverging susceptibility, are discussed. Finally, its generalizations and further research directions are proposed.