An explanation of the phrase “waning age” in Introduction 2 of myShakespeare’s The Taming of the Shrew.
Lord
Thou art a lord, and nothing but a lord.
Thou hast a lady far more beautiful
Than any woman in this waning age.
It was a common notion that the world had been steadily declining — or "waning" — ever since Adam and Eve committed the original sin in the Garden of Eden.