  A systematic study of optical and transport properties of the Hubbard model,
based on Metzner and Vollhardt's dynamical mean-field approximation, is
reviewed. This model shows interesting anomalous properties that are, in our
opinion, ubiquitous to single-band strongly correlated systems (for all spatial
dimensions greater than one), and also compare qualitatively with many
anomalous transport features of the high-T$_c$ cuprates. This anomalous
behavior of the normal-state properties is traced to a ``collective single-band
Kondo effect,'' in which a quasiparticle resonance forms at the Fermi level as
the temperature is lowered, ultimately yielding a strongly renormalized Fermi
liquid at zero temperature.
