The first volume of the Handbook of Macroeconomics, edited by Michael Woodford and me, was published in 1999 in the midst of the Great Moderation. It still ranks first in total downloads of all economics books according to Research Papers in Economics (RePEc). This is perhaps not so surprising given all distinguished contributors to the volume like Hansen, Solow, Shiller, Bernanke, Mankiw, Hall, Browning, Gertler, Christiano, Eichenbaum, Evans, Stock, Watson, Bordo, Schwartz, Durlauf, Quah, Benhabib, Farmer, Evans, Honkapohja, Heckman, McGrattan, Caballero, King, Rebelo, Ramey, West, Mortensen, Pissarides, Persson, Tabellini, Chari, Kehoe, Calvo, Vegh, Elmendorf, Schmitz, McCallum, Gilchrist, Campbell, and Attanasio
But much has changed in macroeconomics in the past 15 years—including the sad end of the Great Moderation, the financial crisis, the Great Recession, the Not-So-Great Recovery, and a substantial rethinking of macro models and macro policy. So a new Handbook is sorely needed, and Harald Uhlig and I…
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Utopia, you are standing in it! 
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