Conservative economic ideology lurks below the surface of the current tension between gender and sexuality in some prominent strands of queer legal theory. By exploring this underlying politics of economics, I aim to show how queer theory has tended to adopt and reinforce an uncritical perspective on questions of law and intimacy similar to conservative strands of “liberal” political theory. This new queer flirtation with liberalism is particularly problematic because queer theory claims a position more rigorously critical of liberalism than feminist theory.