Define $\left[\frac{1}{|x|^d}\right]$ on $\mathbb{R}^d$ as $$\left[\frac{1}{|x|^d}\right](\varphi) = \int_{|x|\le 1}\frac{\varphi(x)-\varphi(0)}{|x|^d} dx + \int_{|x| > 1}\frac{\varphi(x)}{|x|^d} dx.$$
It is easy to show that $\left[\frac{1}{|x|^d}\right]$ is a tempered distribution. It also agrees with $1/|x|^d$ away from the origin.
According to my textbook, the Fourier transform of the distribution $\left[\frac{1}{|x|^d}\right]$ equals $c_1 \log |\xi| + c_2$, with $c_1 \neq 0$.
However, I don't see how to prove this claim. Below is how far I've got, with $F$ standing for $\left[\frac{1}{|x|^d}\right]$.
\begin{align} \hat{F}(\varphi) &= F(\hat{\varphi}) = \int_{|x|\le 1}\frac{\hat{\varphi}(x)-\hat{\varphi}(0)}{|x|^d} dx + \int_{|x| > 1}\frac{\hat{\varphi}(x)}{|x|^d} dx \\&= \int_{\mathbb{R}^d} \left(\int_{|x|\le 1}\frac{\varphi(\xi)(e^{-2\pi i \xi \cdot x}-1)}{|x|^d} dx + \int_{|x| > 1}\frac{\varphi(\xi)e^{-2\pi i \xi \cdot x}}{|x|^d} dx\right) d\xi \\&= \int_{\mathbb{R}^d} \varphi(\xi) \left(\int_{|x|\le 1}\frac{(e^{-2\pi i \xi \cdot x}-1)}{|x|^d} dx + \int_{|x| > 1}\frac{e^{-2\pi i \xi \cdot x}}{|x|^d} dx\right) d\xi. \end{align}
So it is left to prove that $$\int_{|x|\le 1}\frac{(e^{-2\pi i \xi \cdot x}-1)}{|x|^d} dx + \int_{|x| > 1}\frac{e^{-2\pi i \xi \cdot x}}{|x|^d} dx = c_1 \log|\xi|+c_2.$$
I have figured out a proof.
(As pointed out in a few comments, the original question was already answered in another post. The answer there is actually a lot more elegant.)
First let us define $$ \Phi(\xi) = \int_{|x|\le 1}\frac{e^{-2\pi i \xi \cdot x}-1}{|x|^d} dx + \int_{|x| > 1}\frac{e^{-2\pi i \xi \cdot x}}{|x|^d} dx$$
The first term of $\Phi(\xi)$ converges because $e^{-2\pi i \xi \cdot x} - 1 = O(|x|)$.
The second term also clearly converges if we integrate using polar coordinates.
Due to rotational symmetry, $\Phi(\xi)$ depends only on $|\xi|$. We simply take the value of $\Phi(\xi)$ at $|\xi| = 1$ to be $c_2$.
Now we can take the derivative of $\Phi(\xi)$ with respective to $\xi_i$, multiply it by $\xi_i$, and finally sum all such terms over $i=1,2,\cdots,d$. We get $$\xi \cdot \nabla \Phi(\xi) = \int_{\mathbb{R}^d} \frac{(-2 \pi i \xi \cdot x) e^{-2 \pi i \xi \cdot x}}{|x|^d} dx.$$
For $d \ge 2$, this integral does not depend on $\xi$, as long as $\xi \neq 0$. (Again this can be seen through a change of integration variable $x \rightarrow x/a$.) It convergence can be seen by setting $|\xi| = 1$ and doing the integral in spherical coordinates. So we have $\xi \cdot \nabla \Phi(\xi)$ equal to a constant, or with slight abuse of notation, $r \Phi'(|\xi|) = c_1$. This gives us $\Phi(|\xi|) = c_1 \log |\xi| + c_2$.
For $d=1$, the integral gives us $$-2 + \lim_{r\rightarrow\infty} 2 \sin 2\pi\xi r.$$ The divergent term disappears when it acts on $\varphi(\xi)$, because $$\lim_{r\rightarrow\infty} \int_\mathbb{R} \sin (2\pi\xi r) \varphi(\xi) d\xi = \lim_{r\rightarrow\infty} \frac{1}{2\pi r} \int_\mathbb{R} \cos (2\pi\xi r) \varphi'(\xi) d\xi = 0,$$ where we integrated by parts in the last step.