Augustus’s plans for poverty
From our UK edition
A Mr A.M. Burnham has introduced a clear blueprint and legislative goals intended to lift hundreds of thousands of children out of hardship. One can hardly wait – but for the record, in ad 101 the emperor Trajan reintroduced a system invented by Augustus, of alimenta (‘maintenance, means of livelihood’) for poor children. Perhaps this could hold the fort while Burnham’s legislation for the blueprint, or vice versa, is clarified. Alimenta worked as follows. The imperial treasury offered loans to farmers against the security of a proportion of their land. These loans were not repayable, but interest on them was charged, though at a lower than usual rate. That interest was diverted into the local community to support poor children.