Unlike characters in most other children’s literature, Peter Pan has achieved mythological status. Even though many people have not read Barrie’s novel or play, Peter Pan is now as well known as Cinderella or Sleeping Beauty. Why is Peter Pan such a memorable drama? The story may be so compelling partly because of its attentiveness to reversibility. Childhood and adulthood, birth and death, boys and girls, dreams and waking life all persistently change places in the story. But they change places in such a way that they reinforce rather than dismantle the oppositions that confuse and distress us. Children do become adults; birth leads to death; boys and girls cannot effortlessly change roles; dreams remain distinct from waking life. Time moves ferociously forward. Even though Peter Pan is the story of a boy who never grows older, the narrative proves that everyone else must age. The first sentence of the novel tells us so: “All children, except one, grow up.