Yes, I think you may be correct on being better in the consequences for first order consequences, but it is the second and third order consequences that are even more damaging. Introducing errors into the production mix of ever other good in society is not a happy sort of consequence. Also, protected industries are awfully hard to reallocate away from if they have been protected enough. Of course all of these consequences are from the beginning, when the state first decided to intervene in the economy.