The problem of diamagnetism, solved by Landau, continues to pose fascinatin
g issues which have relevance even today. These issues relate to inherent q
uantum nature of the problem, the role of boundary and dissipation, the mea
ning of thermodynamic limits, and above ail, the quantum-classical crossove
r occasioned by environment-induced decoherence, The Landau diamagnetism pr
ovides a unique paradigm for discussing these issues, the significance of w
hich is far-reaching. Our central result connects the mean orbital magnetic
moment, a thermodynamic property, with the electrical resistivity, which c
haracterizes transport properties of material.