The document discusses 'The Rattrap' by Selma Lagerlöf, a Swedish writer who won the Nobel Prize in Literature in 1909. The story follows a peddler who, living a miserable life, steals money from an old crofter and reflects on how the world acts like a rattrap that lures people with material temptations. Ultimately, through kindness and understanding from the ironmaster's daughter, he redeems himself, illustrating the theme that inherent goodness can be awakened in anyone.