Installing pymc on OS X using homebrew

I’ve been working through the following book on Bayesian methods with an emphasis on the pymc library:

However, pymc installation on OS X can be a bit of a pain. The issues comes down to fortran… I know. The version of gfortran in newer gcc implementations doesn’t work well with the pymc build, you need gfortran 4.2, as provided orignally by apple. Homebrew has a package for this.

I dealt with this before, but had problems again after upgrading to Sierra. So this time, I thought I’d document the steps so I don’t have this problem again. Let me know if there are any steps that you feel need added as you try this.