It has been pointed out that the axion electrodynamics exhibits instability in the presence of a background electric field. We show that the instability leads to a complete screening of an applied electric field above a certain critical value and the
excess energy is converted into a magnetic field. We clarify the physical origin of the screening effect and discuss its possible experimental realization in magnetic materials where magnetic fluctuations play the role of the dynamical axion field.
These lecture notes review the topological string theory and its applications to mathematics and physics. They expand on material presented at the Takagi Lectures of the Mathematical Society of Japan on 21 June 2008 at Department of Mathematics, Kyoto University.