Life comprises many strands. Like sine waves, they overlap each other. Some peaking as others dip.
Music is one such sine wave. As a cultural phenomenon. In the West, the music sine wave peaked in the 18th century with the advent of music from the likes of J S Bach.
In terms of happiness, that wave probably peaked just prior to the First World War. Or perhaps shortly after it.
The sine wave for the visual arts has a longer wavelength, and probably last peaked in the 19th Century.
The wisdom wave arced high in the 1960’s, even as it became dissipated and high jacked by perceived economic necessities.
Economically, in terms of managing money within our societies, we probably last knew a peak in the 1950’s and again the 60’s.
But one thing is for sure. With the noble exception of the technology sine wave, all are at a low right now.