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Bringing America Back To The Future: Reclaiming A Principle Of Honesty In Property And Ip Law, Joshua J. Schroeder

Journal of Public Law and Policy

Seemingly undaunted by global market crisis, intangible assets have continued their course toward maximization as an absolute form of property. In fact, companies worldwide have been criticized for not claiming hundreds of billions of dollars of intangible value including their marketplace goodwill.[1] Overvalued intangible property can be a negative effect on pension funds, retirement and stock prices in general.[2] Shareholders have very little recourse when public businesses write off bad acquisitions of intangibles worth billions. The problem has infected our government to the highest levels. For instance, in 2011, the U.S. treasury's valuation of the U.S. varied by $2 trillion …