- George Reisman: Capitalism: A Treatise on Economics (Ottawa : Jameson Books, 1990), 503–506 & Chapter 19
- Mishkin, Frederic S.: The Economics of Money, Banking, and Financial Markets. New York, Harper Collins, 1995.
- Baumol, William J., Alan S. Blinder: Macroeconomics: Principles and Policy. Tenth edition. Thomson South-Western, 2006
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