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.
Vilfredo Pareto See: Famous Italian scientists Francesco Petrarca (1304 - 1374) Francesco Petrarca (known in English as Petrarch), contemporary of Boccaccio, also known as the Father of Humanism) was an Italian scholar, poet and one of the earliest Renaissance humanists.