The Challenge of Asymmetric Mobility to Liberal Democracies (SSRN, opens in a new tab)
How unequal freedom to move across jurisdictions affects taxation and the relationship between citizens and the state.
Nate Shantz, also known as Nathan Shantz, is the founder of Grey River Associates (opens in a new tab), advising international entrepreneurs and families on tax, cross-border structuring and wealth oversight. He holds an MBA from Yale School of Management.
His academic interests lie in international taxation, capital mobility and entrepreneurship, including how the movement of people and capital shapes public institutions.
He studied at Wilfrid Laurier University in Waterloo, Ontario, earning an Honours Bachelor of Business Administration with a major in finance and a double minor in psychology and economics. A President’s Gold Scholar, he was also an analyst with the Laurier Student Investment Fund, covering real estate and infrastructure. His fourth-year economics thesis, Moving Up the Value Chain, examined the Latin American auto parts industry.
His undergraduate research prompted a different kind of education: a 13,000-kilometre solo motorcycle journey through Chile, Argentina, Uruguay and Brazil, and back. He wanted to experience for himself the region he had studied on paper.
He went on to work as an Analyst at Macquarie’s Private Capital Group, investing in mining projects with a focus on Latin America and West Africa, before co-founding a medical wholesale business, Franchise Global Health, which began trading on the TSX Venture Exchange in 2022.
At Yale University, he completed his MBA with a focus on international law, international taxation and finance, including one course at Yale Law School. His independent study with Professor Frank Zhang became Asymmetric Mobility. He also co-authored three entrepreneurship papers with Professor A. J. Wasserstein at Yale School of Management.
He is currently an LLM candidate at King’s College London, specialising in international tax, and the lead editor of Sovereign Magazine (opens in a new tab), a publication on global lifestyles, personal sovereignty and life across borders. He has travelled to more than 70 countries and speaks Spanish fluently.
Academic papers and cases, including work published by Yale School of Management. Google Scholar (opens in a new tab).
How unequal freedom to move across jurisdictions affects taxation and the relationship between citizens and the state.
The evolution of economic and monetary systems, the rise of corporations and the relationship between capital and production.
The economics of city growth, land use, housing and infrastructure, and the benefits of compact, connected urban development.
A case study of the challenges of entering a franchise system through a self-funded search.
A case study of a search fund entrepreneur pursuing a pet-care franchise.
An exploration of entrepreneurial motivation through Maslow’s hierarchy of needs.
A fourth-year economics thesis evaluating the growth potential of Colombia’s automotive parts industry.
Undergraduate equity research in real estate and infrastructure. His work also included research on Genesis Land Development.
Global Ship Lease (PDF, opens in a new tab) — September 2013
Preferred Apartment Communities (PDF, opens in a new tab) — July 2013