Abstract
The fairy tale of Rumpelstiltskin is studied in conjunction with related tales to provide a fuller understanding of its meaning than previous studies have done. The content of these tales depicts ambivalence about childhood magic and ambivalence about adult reality, which are uneasily resolved by eliminating magic and dwelling in a disenchanted world. Enchantment is retained formally in the telling of the story. To the extent that transference is enchantment, similar conflicts occur during psychoanalysis: is the patient better off adhering to transference or relinquishing it—or can it be integrated with day-to-day experience?