Born in Kennington, London, Ricardo was the eldest son of the wealthy financier and political economist, David Ricardo (1772-1823). The son of a Dutch Sephardic Jew of Portuguese origin, Ricardo’s father had converted to Christianity, becoming a Unitarian, and sitting as MP for Portarlington.
As high sheriff of Worcestershire, Ricardo chaired reform meetings in Worcester in March and November 1831, and was spoken of as a Reform candidate for West Worcestershire in 1832 and 1834, but instead pledged his support to Henry Winnington, nominating him at the 1835 and 1837 general elections.
Having committed himself to remove ‘disabilities of every kind whatever’, Ricardo, who is not known to have spoken in debate, divided for the removal of Jewish disabilities in 1847-8, and the repeal of the game laws, 23 Mar. 1848.
Ricardo, who had dined with Lord John Russell that February, attended receptions given by the prime minister’s wife in March 1850, and by Lord Palmerston in February 1851.
Ricardo was criticised for his absence from the city’s reform meeting, 12 Jan. 1852.
During this parliament Ricardo sat alongside both his uncle Sampson Ricardo (1792-1862), MP for Windsor, 1855-7, and his cousin John Lewis Ricardo (1812-62), MP for Stoke 1841-62. He served on the select committee on civil service superannuation in February 1856, and that month joined a deputation to the home secretary, Sir George Grey, to defend the principle of local self-government, with particular reference to control over policing.
Having supported the Palmerston ministry over Canton, 3 Mar. 1857, he again secured the backing of the Worcester Parliamentary and Financial Reform Association at the 1857 general election. In spite of ducking a debate with his Liberal opponent, and facing an increasing degree of personal unpopularity among radical voters, he was re-elected.
Ricardo withdrew into private life at the 1865 general election, the judgment being that he had been a ‘conscientious and faithful’ representative of the Liberal cause.
