Spin Fluctuations in Itinerant Electron Magnetism

Ferromagnetism of metallic systems, especially those including transition metals, has been a controversial subject of modern science for a long time. This controversy sterns from the apparent dual character of the d-electrons responsible for magnetism in transition metals, i.e., they are itinerant elec­ trons described by band theory in their ground state, while at finite tem­ peratures they show various properties that have long been attributed to a system consisting of local magnetic moments. The most familiar example of these properties is the Curie-Weiss law of magnetic susceptibility obeyed by almost all ferromagnets above their Curie temperatures. At first the problem seemed to be centered around whether the d-elec­ trons themselves are localized or itinerant. This question was settled in the 1950s and early 1960s by various experimental investigations, in particular by observations of d-electron Fermi surfaces in ferromagnetic transition metals. These observations are generally