To be honest, I haven't seen a really good book on this subject but there are tons of videos on YouTube. Most of the videos discuss tools suitable for use in a QCTP. The thing that sets a more modern design apart from tools intended for a lantern tool post are the back rake angles - they are either smaller or non-existent in tools made for a lantern tool post because the tool post holds the bit at an upward angle already so you don't need to grind the angle into the tool.
Here is a thread I posted on grinding these tools. At the end of the original post are some links that may provide more info you might find useful.
http://www.hobby-machinist.com/threads/how-to-grind-a-hss-turning-tool.52581/
When you use a HSS tool in a QCTP, the angle of the tool can be whatever you want. The questions I think you have are "what angle
should you use, when should you use it and why?" I suspect every one of us has asked ourselves these questions at some point so you're not alone. The answers aren't that complicated so I'll try to explain them.
If you use an inserted tip carbide tool then the tool shank is intended to be held perpendicular to the work. All the clearance angles are designed into the tip geometry of the tool and insert and all you need to do is set the tip of the tool to center height, get it perpendicular and you're set. Brazed carbide tools are, in general, used the same way. HSS tools are shaped and have varying geometries so we need to understand things a bit better to get the best use out of the tool.
A HSS turning tool cuts most efficiently when the lead angle of the tool is appropriate for the operation; to really understand this tool angle thing, you have to understand what lead angle is and what it does.
The lead angle (LA) of a turning tool is determined by the side cutting edge angle of the tool and the way the tool is angled to the work. When the tool shank is perpendicular to the work then the LA is defined by the side cutting edge angle, as in the third example above. We can change this LA by turning our QCTP. So, what is the big deal about LA and why does it matter?
Basically, the LA of the tool alters cutting forces and affects finishes. The lower the LA, the lower the cutting forces are and the rougher the finish is; the greater the LA, the higher the cutting forces are and the better the finish is. This cutting force thing has a lot to do with the amount of surface area that is in contact with the work. When the LA is high, more of the side cutting edge is in contact with the work; when the LA is lower, less cutting edge is in contact. If you use a high LA and then try to take a heavy cut, cutting forces increase and you get chatter; backing off on the depth of cut reduces cutting loads, the chatter goes away and your finish improves. Conversely, using a lower LA brings less surface area into contact so you can take deeper cuts without chattering, albeit with a less refined finish. So, what does this have to do with tool angles and tool shapes?
The angle of the tool in use is determined by the operation. If you are roughing, angle the tool so that the LA is lower (like the middle pic above). If you are finishing, increase the LA (like the pic on the right, above). When the LA is low, you can take a heavier cut; when the LA is high, you have to take a lighter cut. The lower LA is used for roughing and the higher LA is used for finishing. For facing, the LA is negative such that you are cutting with the forward part of the side cutting edge, up near the tip. Facing depths of cut can be light or heavy, depending on your needs, because only a small area is in contact and the potential for chatter is lower.
Tool shapes are not as critical when we use a QCTP but they do have an influence on how much or little you angle your tool. You will find that the LA you end up using for a given operation will put the side cutting edge at an angle very close to what the older shapes did when their shanks were perpendicular to the work.
Bear in mind that we're just talking about tool shapes and lead angles here. Cutting forces are definitely influenced by these things but the relief and rake angles have a much greater impact. That is a discussion for another time.