Jacobite – which is apparently still a real magazine and not a one-off gag making fun of Jacobin – summarizes their article Under-Theorizing Government as “You’ll never hear the terms ‘principal-agent problem,’ ‘rent-seeking,’ or ‘aligning incentives’ from socialists. That’s because they expect ideology to solve all practical considerations of governance.”
Jacobite has nothing to do with Jacobin. Jacobitism (/ˈdʒækəbaɪˌtɪzm/ JAK-ə-by-tiz-əm;[1][2] Scottish Gaelic: Seumasachas [ˈʃeːməs̪əxəs̪], Irish: Seacaibíteachas, Séamusachas) was a political movement in Great Britain and Ireland that aimed to restore the Roman Catholic Stuart King James II of England and Ireland (as James VII in Scotland) and his heirs to the thrones of England, Scotland, France and Ireland. The movement took its name from Jacobus, the Renaissance Latin form of Iacomus, which in turn comes from the original Latin form of James, "Iacobus." Adherents rebelled against the British government on several occasions between 1688 and 1746.
https://en.wikipedia.org/wiki/Jacobitism
The Jacobins on the other hand were a French political movement/party:
The Society of the Friends of the Constitution (French: Société des amis de la Constitution), after 1792 renamed Society of the Jacobins, Friends of Freedom and Equality (Société des Jacobins, amis de la liberté et de l'égalité), commonly known as the Jacobin Club (Club des Jacobins) or simply the Jacobins (English: /ˈdʒæ.kə.bɪnz/; French: [ʒa.kɔ.bɛ̃]), was the most influential political club during the French Revolution. Initially founded in 1789 by anti-Royalist deputies from Brittany, the Club grew into a nationwide republican movement, with a membership estimated at a half million or more.[1] The Jacobin Club was heterogeneous and included both prominent parliamentary factions of the early 1790s, the Mountain and the Girondins.
In 1792–93, the Girondins were more prominent in leading France, the period when war was declared on Austria and Prussia, the monarchy was overthrown and the Republic created.