The question of 'ethics' is an extremely important one in the philosophic position being developed by Michael Polanyi. His critique of contemporary epistemology was, in fact, generated by an ethical problem: the damage he thought this epistemology was doing to our moral ideals. Yet he has never brought all the facets of his 'ethics' into definitive focus at any place in his writings. His readers have therefore had to gather what he thinks about 'ethics' mainly from his discussions of what he takes to be the moral issues raised by our current frames of reference, and from the analogies he sometimes draws between 'morality' and 'science' and among 'morality' and 'art' and 'religion.' But there are difficulties involved in trying to bring together his views on 'ethics' in this way-especially for those who may not have read him widely. For one thing, he holds that the realm of the moral occupies a certain level of reality-and also that the modes or methods of thought by which we apprehend the different levels of reality are substantially the same. Therefore he has been misunderstood by some of his critics to hold that moral 'realities' are of the same sort as scientific. Frank Knight wrestled with problems engendered by such a misunderstanding back in 19491 after his study of Polanyi's Science, Faith and Society. In spite of everything that Polanyi has written since that time, much of which might have been expected to shed more light on his meaning in this area, it appears that the same misunderstanding still prevails. James Buchanan2 has recently raised a number of the same problems that Knight had been concerned with earlier.