Quantum electrodynamics (QED) is a relativistic quantum field theory of electrodynamics. QED was developed by a number of physicists, beginning in the late 1920s. It basically describes how light and matter interact. More specifically it deals with the interactions between electrons, positrons and photons. QED mathematically describes all phenomena involving electrically charged particles interacting by means of exchange of photons. It has been called "the jewel of physics" for its extremely accurate predictions of quantities like the anomalous magnetic moment of the electron, and the Lamb shift of the energy levels of hydrogen.
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