diff --git a/.changeset/metal-cooks-wonder.md b/.changeset/metal-cooks-wonder.md
new file mode 100644
index 000000000000..f6ab7b229abd
--- /dev/null
+++ b/.changeset/metal-cooks-wonder.md
@@ -0,0 +1,5 @@
+---
+"wrangler": patch
+---
+
+Add more fields to the `tsconfig.json` generated by `wrangler init`
diff --git a/.vscode/extensions.json b/.vscode/extensions.json
index c99c6248cd01..1d7ac851ea8a 100644
--- a/.vscode/extensions.json
+++ b/.vscode/extensions.json
@@ -1,6 +1,3 @@
 {
-  "recommendations": [
-    "dbaeumer.vscode-eslint",
-    "esbenp.prettier-vscode"
-  ]
-}
\ No newline at end of file
+  "recommendations": ["dbaeumer.vscode-eslint", "esbenp.prettier-vscode"]
+}
diff --git a/package-lock.json b/package-lock.json
index f6c44e8c24c0..23b5902d1c76 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -13442,7 +13442,7 @@
       "dependencies": {
         "@cloudflare/pages-functions-compiler": "0.3.8",
         "esbuild": "0.14.1",
-        "miniflare": "^2.0.0-rc.4",
+        "miniflare": "2.0.0-rc.4",
         "semiver": "^1.1.0"
       },
       "bin": {
diff --git a/packages/wrangler/package.json b/packages/wrangler/package.json
index 1384fe28cd02..3a945610f1ea 100644
--- a/packages/wrangler/package.json
+++ b/packages/wrangler/package.json
@@ -38,7 +38,7 @@
   "dependencies": {
     "@cloudflare/pages-functions-compiler": "0.3.8",
     "esbuild": "0.14.1",
-    "miniflare": "^2.0.0-rc.4",
+    "miniflare": "2.0.0-rc.4",
     "semiver": "^1.1.0"
   },
   "optionalDependencies": {
diff --git a/packages/wrangler/src/index.tsx b/packages/wrangler/src/index.tsx
index 5e118375e274..7dbc57a69ef3 100644
--- a/packages/wrangler/src/index.tsx
+++ b/packages/wrangler/src/index.tsx
@@ -216,7 +216,7 @@ export async function main(argv: string[]): Promise<void> {
           destination,
           `compatibility_date = "${compatibilityDate}"` + "\n"
         );
-        console.log(`✨ Succesfully created wrangler.toml`);
+        console.log(`✨ Successfully created wrangler.toml`);
         // TODO: suggest next steps?
       } catch (err) {
         console.error(`Failed to create wrangler.toml`);
@@ -260,9 +260,17 @@ export async function main(argv: string[]): Promise<void> {
             JSON.stringify(
               {
                 compilerOptions: {
-                  target: "ES2020",
-                  module: "CommonJS",
-                  lib: ["ES2020"],
+                  target: "esnext",
+                  module: "esnext",
+                  moduleResolution: "node",
+                  esModuleInterop: true,
+                  allowJs: true,
+                  allowSyntheticDefaultImports: true,
+                  isolatedModules: true,
+                  noEmit: true,
+                  lib: ["esnext"],
+                  jsx: "react",
+                  resolveJsonModule: true,
                   types: ["@cloudflare/workers-types"],
                 },
               },
@@ -1568,7 +1576,7 @@ export async function main(argv: string[]): Promise<void> {
             // -- snip, end --
 
             // annoyingly, the API for this one doesn't return the
-            // data in the 'standard' format. goddamit.
+            // data in the 'standard' format. goddammit.
             // That's why we have the fallthrough response in cfetch.
             // Oh well.
             console.log(
diff --git a/tsconfig.json b/tsconfig.json
index b263ba879f20..939fdad33335 100644
--- a/tsconfig.json
+++ b/tsconfig.json
@@ -12,6 +12,5 @@
     "jsx": "react",
     "resolveJsonModule": true
   },
-  "lib": ["esnext"],
   "exclude": ["node_modules/", "packages/wrangler/vendor"]
 }