The document discusses Meteor's Tracker package, which enables reactive programming in Meteor applications. Tracker uses an observer-like pattern to transparently track dependencies between reactive data sources and computations. When a data source changes, Tracker reruns any dependent computations to update the UI or other data reactively. Key aspects of how Tracker works include creating Dependency objects for reactive data, tracking the "current computation", and rerunning computations through Dependency's depend() and changed() methods. Tracker provides a powerful yet simple way to build reactive applications in Meteor without needing expertise in functional reactive programming.