"The Monkey's Paw" is a short story by W.W. Jacobs that explores the theme of fate and the consequences of tampering with it. The story follows the White family, who come into possession of a magical monkey's paw that grants three wishes. However, each wish comes with unexpected and tragic results. As the family makes their wishes, they learn that the paw's power is dangerous and can lead to dire consequences. The story serves as a cautionary tale about the dangers of greed and the importance of being careful what one wishes for, highlighting the unpredictability of life.