I was going to say that I didn't really get into it, but then I realized how many hours I had been playing. Tons of other reviews have already mentioned all the good and bad of this game, so instead, here is the crafting and spells I found (possibly on the internet):
Spells:
Stone Golem Earth, Ruby
Lightning Bolt Thunder, Garnet
Enchanted Weapons Force, Citrine
Black Bone Swords Death, Citrine
Firebolt Fire, Force, Ruby
Blood Boil Air, Death, Garnet
Healing Aura Air, Nature, Amethyst
Icebolt Ice, Force, Aquamarine
Enriched Soil Earth, Nature, Garnet
Boulder Smash Fire, Earth, Force, Citrine
Smithing:
Black Staff Onyx, Onyx, Onyx, Onyx, Onyx
Serpent Spear Wood, Wood, Wood, Wood, Onyx
Holder Bands Onyx, Flame, Wood, Leaf, Pearl
The Redshield Scale, Scale, Scale, Scale, Flame
Ancient Bracer Bear Tooth, Mycelium, Feather, Coral, Dragon Fossil
Rookery Clasp Feather, Feather, Feather, Feather, Feather
Butterfly Pendant Coral, Coral, Meteorite, Antler, Pearl
Ogre Charm Coral, Scale, Scale, Scale, Flame
One note about smithing - the order you input materials DOES matter. So, four scales then flame gives you The Redshield, while flame then four scales gives you NOTHING. Just a hint if anyone wants to try and figure more out.
Also, population increase happens during the day, while taxes are collected at the END of the turn. So, keep taxes on minimum during the turn for max pop growth, switch over to MAX taxation at the last second, get your awesome taxes, then switch back to min tax. Your population is happy and growing while your pocket book is full! Also, max out population cap as quickly as possible (build hovels), and silver shouldn't give you any problems.
Lastly, when questing, READ THE REPORT. It tells you what kills your people. Traps kill your henchmen? Bring thieves. Lots of people falling to their deaths? Research ropes and climbing picks and equip them. Starvation? Rations. Disease? Antibiotics. Properly preparing for a quest makes it much easier. It seems like there is a very detailed combat/quest program running behind the scenes, so this stuff isn't just random. Good Luck!