The inverse Faraday effect (magnetization by circularly polarized e/m radiation) was inferred by Peter Pershan at Harvard in the early sixties of the last century. It was first measured in glasses and liquids by Pershan, van der Ziel and Malmstron (Phys. Rev. Lett., 1965) at Harvard. They also observed the effect responsible for RFR, but as a magnetization. I first pointed this out in 1996 in The Enigmatic Photon, volume three, now available in paperback, as are all Enigmatic Photon volumes. It was first observed in plasma by Deschamps et al., (Phys. Rev. Lett., circa 1970). Since then it has become a routine observable (se for example the review of several hundred papers by Zawodny in volume 85 of Advances in Chemical Physics, which I edited with the late Stanislaw Kielich (1992, reprinted 1993, paperback 1997)).  I was the first to apply computer simulation to the effect at Cornell Theory Center and the University of Zurich. I inferred B(3) from the effect in 1992, at Cornell:

                              M. W. Evans, Physica B, 182, 227, 236 (1992).

In my list of publications on www.aias.us there are numerous papers on the inverse Faraday effect.

           I computed the size of the effect in Enigmatic Photon, volume three, Appendix F, page 207. A terawatt laser pulse produces nanotesla magnetization for a sample consisting of electrons. This reproduced Rikken's experiment with B(3) theory.  

            RFR should be detectible with a watt of radiation, and its characteristics are fully described in many of my publications on www.aias.us, and reviewed in Advances in Chemical Physics, volume 119(2).