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The Color of Magic by Terry Pratchett

I understood a lot more of the jokes this time through, I think I was in Elementary school the last time I read it :)

Took me two reads to realize that the magical word people didn't understand, described as "reflected sound of underground spirits", was economics.

That moment of realization; d'oh!

Hah, yea, same here. He almost explains it in the book, but not quite.

Heh .. my fav book in the discworld series is Going Postal, and its sequel. I highly recommend them.