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.
Octavio Paz (1914â98), writer, the first. Mexican to win the Nobel Prize in literature, and career diplomat, serving in France, Switzerland, Japan, and India. Frida Kahlo (1907â1954), painter. Because Mexico City has been the center of national culture, the country's most important writers, painters, and musicians have left their stamp on the city. Some came to study and later to teach and work.