Earlier quoted context omitted.
> economics may say it’s best to let Taiwan specialize in semiconductors, but that may not be optimal once you factor in other dimensions like national security. Humans are not Homo Economicus And those other dimensions come at a cost. National security seems like a reasonable thing to pay a cost for. Enriching an oligarch does not. A lot of protectionism is about the latter.
Sure, just like the hypothetical yard work has a cost. I think what you’re illustrating is that protectionism doesn’t make people poorer per se, but it’s bad when it’s abused for individual purposes rather than broader purposes.
It makes people materially poorer and redistributes wealth, typically up. That is a fair price to pay in some circumstances, e.g. bolstering defence manufacturers.