Abstract
Different direct perturbation theories show that the Peierls substitution leads to quantitative and qualitative errors in calculations of the energy difference with and without magnetic field for both nearly free and tight-binding two-dimensional electrons. The sources of these errors are clarified. The lowering of the electron kinetic energy in a magnetic field is shown to be in general an artifact of the Peierls substitution. Spontaneous orbital ferromagnetism is shown to be impossible
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