Abstract
The purpose of the article is to show the limitations and denote the heuristic potential of F. Knight’s methodological ideas concerning the philosophical and methodological underpinnings of economic science, the human model in economics and the concept of the social ideal. In our view, the main paradox of the methodology of F. Knight is associated with the understanding of human behavior and the search for a balance of the basic contradictions of science, philosophy and life itself in the context of these reflections: abstract and concrete, objective and subjective, certainty and uncertainty. It is difficult for one person to complete such a search, but in the process it is possible to open up prospects for new answers and new “horizons of questioning”.