halcyon

"Halcyon" describes a period of time that is idyllically happy, peaceful, and prosperous. The word originates from a Greek myth about a bird that calmed the rough winter seas to build its nest, creating a tranquil atmosphere; thus, it evokes a sense of serene, golden calm. In modern usage, it is almost exclusively used to look back on a past era with nostalgia. You will most commonly hear it in the phrase "halcyon days," referring to a time in one's youth or a specific period in history when everything seemed perfect and untroubled.
In conversation
Reminiscing about college
Do you ever miss our freshman year?
Do you ever miss our freshman year?
I do. Those were truly our halcyon days, weren't they?
I do. Those were truly our halcyon days, weren't they?
Used here to highlight a sense of nostalgic longing for a simpler time.
Discussing a company's past
The company isn't what it used to be.
The company isn't what it used to be.
I agree. We haven't seen growth like in the halcyon years of the early 2000s.
I agree. We haven't seen growth like in the halcyon years of the early 2000s.
Shows how the word can be applied to business history to contrast current struggles with past success.
Examples
They spent the summer in a state of halcyon peace.
They spent the summer in a state of halcyon peace.
The elderly couple often reminisced about the halcyon days of their youth.
The elderly couple often reminisced about the halcyon days of their youth.
The transition from the halcyon era of rapid expansion to the current period of austerity was difficult for the firm.
The transition from the halcyon era of rapid expansion to the current period of austerity was difficult for the firm.