Metallic ferromagnetism: Progress in our understanding of an old strong-coupling problem

Metallic ferromagnetism is in general an intermediate to strong coupling phenomenon. Since there do not exist systematic analytic methods to investigate such types of problems, the microscopic origin of metallic ferromagnetism is still not sufficiently understood. However, during the last two or three years remarkable progress was made in this field: It is now certain that even in the one-band Hubbard model metallic ferromagnetism is stable in dimensions $d=1,$ 2, and $\infty$ on regular lattices and at intermediate values of the interaction $U$ and density $n$. In this paper the basic questions and recent insights regarding the microscopic conditions favoring metallic ferromagnetism in this model are reviewed. These findings are contrasted with the results for the orbitally degenerate case.