Five Children and It is a children's novel by English author Edith Nesbit, first published in 1902; it was expanded from a series of stories published in the Strand Magazine in 1900 under the general title The Psammead, or the Gifts. It is the first of a trilogy which includes The Phoenix and the Carpet (1904) and The Story of the Amulet (1906). The book has never been out of print since its initial publication.