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.
Murasaki Shikibu is the best known writer to emerge from Japan's glorious Heian period.Her novel, The Tale of Genji (Genji-monogatari) is considered to be one of the world's finest and earliest novels. Some argue that Murasaki is the world's first modern novelist.e did, however, allow Shikibu to study with her brother, even letting her learn some Chinese classics, which was considered improper for females at the time. When she was in her early twenties, Lady Murasaki was married to a distant relative.