VIEWPOINT Towards a deeper insight into strongly correlated electron systems – the symbiosis between experiment and theory Peter Fischer Center for X-ray Optics Lawrence Berkeley National Laboratory Berkeley, CA 94720 U.S.A. PJFischer@lbl.gov It is generally accepted that many of the fundamental properties of the solid state – in particular electronic, magnetic and thermal properties – ultimately depend on electronic correlations. Strongly correlated electron systems give rise to metal-insulator transitions, half- metallicity, heavy fermion systems etc., all of which are lively topics of research in modern solid state physics. Scientists are fascinated by the variety of features that solid state materials exhibit, such as ferromagnetism or superconductivity which challenge a fundamental explanation, but have also a huge technological impact. Ferromagnetic materials can be seen as a prototype of applied nanoscience which everybody experiences in the form of common ultrahigh density magnetic storage media. On the other hand, the effect of superconductivity with the promise to contribute to a lossless energy transport, if it could operate at high enough temperatures, is still in a state of infancy with respect to potential applications. A similar situation can be seen in the quest to design novel smart materials, such as multiferroics, which would allow to control e.g. magnetization by electric potentials [1]. One of the fundamental questions in solid state physics relates to the possible coexistence of ferromagnetism and superconductivity. Although both being an effect of long-range ordering, they seem to be mutually exclusive, which is heavily debated. It seems to be obvious, that the ferromagnetic moment gives rise to an internal magnetic field strong enough to break the Cooper pairing, which is required to form the superconducting phase. However, magnetic superconductors have been discovered, and are now being investigated experimentally and theoretically [2]. The analytical tools, which are required to investigate experimentally with high accuracy and sensitivity effects in strongly correlated systems, have seen major achievements over the last decade, and X-rays as an ideal probe have taken over a dominant role. The rapidly increasing number of synchrotron radiation laboratories worldwide provide high brilliant X-ray sources with tunable wavelength regimes, outstanding polarization characteristics and with an increase in photon intensity that has surpassed even Moore´s law in its growth. Sophisticated experimental X-ray techniques that require high flux, brightness, coherence and polarization have thus become feasible and are commonly in use nowadays. Angle Resolved PhotoEmission Spectroscopy (ARPES) is such an example. Mapping electronic bandstructures in High-T c superconductors with this state-of-the-art technique allows now to see features in detail within a reasonable amount of time [3,4,5]. Similarly, X-ray absorption spectroscopy which probes the local electronic structure is common at all synchrotron facilities worldwide. Measuring the X-ray absorption in a ferromagnetic solid with circularly polarized X-rays has become an inevitable powerful experimental technique for studies of nanomagnetism. Physically, it is based on the effect of X-ray magnetic circular dichroism (XMCD), which describes the fact, that the X-ray absorption cross section depends strongly and in an element specific manner on the scalar