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.
The French novelist HonorÃ© de Balzac was the first writer to use fiction to convey the social scene prevailing at a particular period in one country's history. Childhood HonorÃ© de Balzac was born in Tours, France, on May 20, 1799, the eldest son of four children of Bernard FranÃ§ois and Anne Charlotte Balzac.