We give an elementary derivation of the chiral magnetic effect based on a
strong magnetic field lowest-Landau-level projection in conjunction with the
well-known axial anomalies in two- and four-dimensional space-time. The
argument is general, based on a Schur decomposition of the Dirac operator. In
the dimensionally reduced theory, the chiral magnetic effect is directly
related to the relativistic form of the Peierls instability, leading to a
spiral form of the condensate, the chiral magnetic spiral. We then discuss the
competition between spin projection, due to a strong magnetic field, and
chirality projection, due to an instanton, for light fermions in QCD and QED.
The resulting asymmetric distortion of the zero modes and near-zero modes is
another aspect of the chiral magnetic effect.Comment: 33 pages, 5 figures, to appear in Lect. Notes Phys. "Strongly
interacting matter in magnetic fields" (Springer), edited by D. Kharzeev, K.
Landsteiner, A. Schmitt, H.-U. Ye