m_lib requires Python2; preferred versions are 2.6 or 2.7.

To install the library from sources system-wide run run the following
command:

   sudo python setup.py install -O2

If you don't want to install it system-wide you can install it in your
home directory; run run the following command:

   python setup.py install -O2 --user

Option '--user' only available in Python 2.6 or 2.7. The command
installs m_lib into $HOME/.local/lib/python2.$VERSION/site-packages/
where python finds it.