Polarized light has already been widely used for photography and display technologies. Magneto-optical Faraday effect, i.e., the light polarization rotates in the magnetic field applied to the material in the direction of light propagation,plays a crucial role in the interaction between light and spin. Faraday effect allow us to understand the nature of magnetization in condensed materials. As an effect opposite to the Faraday effect, the magnetization can be induced in a transparent medium exposed to a cir...
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