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I doubt this will come as any surprise to anyone. I've often seen this statement on the internet, and it's just as simplistic and wrong now as ever.
Just because I find someone that wants to pay $1500 for my dog still doesn't make it worth that. If I can get a $100 dog, and breed it to a dog that I paid $125 for, and if that is the actual value of said dogs, i.e. the most common price, the puppies are not going to be "worth" $1500 no matter what anyone says, in the context of this discussion.
But to get back on track, yes, I think the issue of selling mutts as purebreds is the issue. Not simply owning them. The fella that the OP had the discussion with was confused on that.
I think you lack an understanding of basic economic principles. Certain commodities, gold & oil for example, trade on a world market & have universally accepted values. The value of everything else is established by agreement between buyer & seller. If someone pays you $1500 for your dog then by definition the dog is worth $1500 to that buyer. It may not be worth that much to the next buyer but that's irrelevant as dogs aren't subject to universal valuation.
As to the issue of breeding mutts my only concern is the fact that many of our standard breeds are facing extinction. I would prefer that people chose to work toward preserving some of these breeds rather than producing mutts.
However, the Libertarian in me believes people should be free to da as they please as long as they don't harm others.
