Why intellectual property is a misnomer

Right to Create:

The term "intellectual property" is troublesome. Real property in the physical world cannot be transferred or shared without diminishing the utility of the property to the original holder. So called "intellectual property," on the other hand, can be transferred easily to others or shared without damaging any utility to the original holder. For this reason and others, folks such as Richard Stallman suggest that it is best to make a firm decision not to speak or even think in terms of 'intellectual property'."