and james henson at u.t. austin.nk you very much. >> you're welcome. >> woodruff: now, teaching the art of business to artists trying to make it in a changing economy. newshour economics correspondent paul solman has the story, part of his reporting on making sense of financial news. >> reporter: the economic state of the arts. if you think the economy as a whole is on shaky footing, you should look at what's going on in the classical performing arts. more and more artists, ever more highly skilled; fewer and fewer jobs, ever more poorly paid. so, performing arts schools-- including the most famous of them all, juilliard-- are taking a new approach. don't panic, juilliard isn't hitting you up for money, nor is pbs interrupting this story with yet another pledge drive. yes, bill baker, former president of new york's public television station, wnet, is a pitchman. but since retiring from tv and knowing a thing or two about raising money, especially for the arts, he has taught julliard's very first course in the basics