The idea of this game is absolutely fantastic, but there are some serious tweaking issues (as many reviews before me already clearly put forth). For example the beginning (you have no starting resources, just a bunch of silver and population), but also the fact that some buildings require redicoulusly large amounts of lumber which you can only aquire by trading it for even larger amounts of silver.
In the end, the tactic that worked best for me, was to build the maximum number of huts (the population cap raising thing), set the tax rate to low, let the population cap, set the tax rate to medium, let the money flow in, and use that to buy practically everything, because the rest of the buildings gave very little resources/tick. Moreover, doing quests is practically impossible, since my army of 150 men (which costed around 1500 silver, which I think is a considerably investment for new players to the game) was slaugthered even at the quest spot with difficulty FOUR. Only the one with difficulty 2 apparently had no enemies.
So, in conclusion; idea, great, but guys; it needs some serious tweaking.