1. The Philosophy of Sufficiency Economy The word to have enough is sufficient sufficiency is moderation. If one is moderate in one desires, one will has less craving. if one has less craving, one will take less advantage of others.If all nations hold this concept-I do not mean sufficiency economy-this concept of moderation, without being extreme or insatiable in one's desires, the world will be a happier place. Being moderate does not mean to be too strictly frugal; luxurious items are permissible, but one should not take advantage of others in the fulfilment of one's desires. Moderation, in other words, living within one's means, should dictate all actions. Act in moderations; speak in moderations that is, be moderate in all activities ..... Royal Speech Given to the Audience of Well-Wishers on the Occasion of His Majesty the King's Birthday Anniversary at Dusidalai Hall, Chitralada Villa, Dusit Palace on Friday, December 4. , 1998