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.
Depression era writers included John Steinbeck (1902â1968), notable for his novel The Grapes of Wrath. Henry Miller assumed a unique place in American Literature in the 1930s when his semi-autobiographical novels were banned from the US.