Soon after his return to Germany, Jacobi received a call to Munich in connexion with the new academy of sciences just founded there.
He was educated at the New Academy and afterwards at the Marischal College, in Aberdeen, where his father was manager of the Commerical Bank.
Milton Academy (a non-sectarian school) was founded in 1798, opened in 1805, and suspended in 1867; a new academy was opened in 1885.
In order to found his new academy upon a firm basis Cosimo resolved not only to assemble men of letters for the purpose of Platonic disputation at certain regular intervals, but also to appoint a hierophant and official expositor of Platonic doctrine.
In general, his philosophy was a reaction against the sceptic or agnostic position of the Middle and New Academy in favour of the dogmatism of Plato.