  We develop an asymptotically exact renormalization group (RG) approach that
treats electron-electron and electron-phonon interactions on equal footing. The
approach allows an unbiased study of the instabilities of Fermi liquids without
the assumption of a broken symmetry. We apply our method to the problem of
strongly coupled superconductors and find the temperature T* below which the
high-temperature Fermi liquid state becomes unstable towards Cooper pairing. We
show that T* is the same as the critical temperature Tc obtained in
Eliashberg's strong coupling theory starting from the low-temperature
superconducting phase. We also show that Migdal's theorem is implicit in our
approach. Finally, our results lead to a novel way to calculate numerically,
from microscopic parameters, the transition temperature of superconductors.
