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.
William Caxton was the first Englishman to learn to use a printing press. The Recuyell of the Historyes of Troye was his first printed book, and the first book printed anywhere in English. It was produced in 1473 on the Continent, in either Bruges or Ghent. The text is a recuyell (compilation) of stories about the Trojan Wars by Raoul LefÃ¨vre, originally written in French.