Inflation is the increase in the prices of goods and services across an economy. When prices inflate, you need more money to buy the same things. The opposite of inflation is deflation, when prices are lower across a range of goods and services.
James Howell, a 17th century historian cum writer was the first writer to earn his living from writing alone in the English language; other writers of those times pursued writing as a hobby, not a profession as writing alone never paid enough.
Russian author Leo Tolstoy wrote the acclaimed novels War and Peace, Anna Karenina and The Death of Ivan Ilyich, and still ranks among the world's top writers. Synopsis On September 9, 1828, Leo Tolstoy was born in Tula Province, Russia. In the 1860s, he wrote his first great novel, War and Peace. In 1873, Tolstoy set to work on the second of his best known novels, Anna Karenina. He continued to write fiction throughout the 1880s and 1890s. One of his most successful later works was The Death of Ivan Ilyich. Tolstoy died on November 20, 1910 in Astapovo, Russia.